The concept of market conduct includes such things like profit , loss and assest growth targets.
Explanation:
Market conduct is used in insurance industry to describe the problems that are related to the sale and distribution of insurance. It deals with the pricing and promotion strategies based on the players in the market related to their aim , objective and desicion making process.
Based on this concept all consumers are seen as potential customers with similar needs. They have proper regulations to check the customers are charged fair and reasonable insurance prices.
They will also ensure whether the consumers have access to beneficial and compliant insurance products.
Answer:
$26,600
Explanation:
the total amount of interest expense included in the first annual principal (or any annual payment actually) = principal's balance x yearly interest rate
$280,000 x 9.5% = $26,600
the principal's balance after the first payment = $280,000 - $26,600 = $253,400
the interest expense included in the second payment = $253,400 x 9.5% = $24,073
<span>Holding cash simply as a financial reserve is referred to as the "speculative" motive.
</span>Speculative motive refers to a strategy that is utilized by financial specialists/merchants to hold money to make the best utilization of any speculation opportunity that emerges later on. Keeping all cash contributed doesn't appear to be appealing constantly. Keeping up a decent lot of liquidity in one's portfolio is one of the best needs for n investor.
For the most part, financial specialists keep a decent measure of such money with them in order to acquire higher benefits.
This BEST illustrates the value of Positive reinforcement.
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Explanation:</u></h3>
When a person is rewarded something for doing certain tasks it refers to Positive reinforcement. This is given because for rewards that person will be doing these actions. The rewards that are given for their actions acts as a a reinforcing stimulus. For instance consider that a dad gives his daughter some gifts for doing some actions or for good deeds.
In the given example, the project that has been completed by you by working day and nights and you receive a bonus cheque from your boss after two weeks. This acts as a reward for your work and motivates you to further work happily. This bets illustrates the value of Positive reinforcement.
