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bonufazy [111]
3 years ago
5

Which of these statements describe a modified endowment contract (mec)?

Biology
1 answer:
salantis [7]3 years ago
5 0
The statement which describes a modified endowment contract is this: 'Exceed the maximum amount of premium that can be paid into a policy and still have it recognized as a life insurance contract.
A modified endowment contract is a type of life insurance contract which has been funded with more money than allowed. Such a life insurance will no longer be regarded as life insurance by IRS, it will be considered as a modified endowment contract.
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What is the weight, on Earth, of a book with a mass of 1.5 kg? 1.5 N 6.5 N 11.3 N 14.7 N
alexira [117]

The rigth answer is 14.7N

The law of gravitation thus makes it possible to calculate a force exerted between two objects. In a terrestrial reference system, we can then calculate the force exerted between the Earth and an object.

The law applied in this case is P = mass x g (gravitational constant = 9.8 N / kg)

if a book weighs 1.5 kg then: P = 1.5 x 9.8 = 14.7N

3 0
3 years ago
Read 2 more answers
Why isn't the squirrel included in the same order as the Fox, Panda, Bears? (Hint: What features do the other mammals have that
Eduardwww [97]
Because squirrels don’t prey on other animals
7 0
3 years ago
Explain in details the agency problem
bezimeni [28]

Agency problem

Agency problem also known as agency costs occurs in a two-party relationship (principal/agent) where the agent is expected to act or make decisions for the good of the principal.

For example in a corporate the relationship between the management and shareholders. The management is expected to make decisions that will maximize shareholders interest. The problem arises when the two parties have different interests. In the example above the manager may opt to make his own wealth and not act in the company’s best interest which could be maximizing company’s market value.

Examples of agency relationship in finance

Managers/stockholders

Managers/Creditors

Causes of conflicts between managers and stockholders may include;

Remuneration - low remunerations or fixed salaries despite increased profit margins.

Differences in risk profile- stockholders may prefer high-risk return investments contrary to the managers. When high-risk investment go bad the manager risks job loss

Manipulation of accounting systems- to reflect high profits.

Unnecessary perks management award themselves.

Solution to these problems include threat for firing in case of poor performance, shareholders may also threaten to sell the company, remuneration based on performance, incurring agency costs-these are costs incurred while hiring external auditors, setting a control system, legal costs for employment letters and contracts.

 

Agency problem may be reduced by motivating the manager to act for the companies best interest by offering incentives

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4 0
3 years ago
An object has a kinetic energy of 25 J and a mass of 35 kg, how fast is the object moving?
Alja [10]
<span>An object has a kinetic energy of 25 J and a mass of 35 kg, 1.19 metre/sec fast is the object moving</span>
4 0
3 years ago
The antigens have a specific shape that determines with which white blood cell or antibody it will interact with. What other mol
Leokris [45]

Answer:

The correct answer is: the antibodies' shape.

Explanation:

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<u>The tips of the Y are composed of 110-130 amino acids that vary greatly among other antibodies. This gives the antibody its </u><u>specificity</u><u>.</u>

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3 years ago
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