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N76 [4]
3 years ago
10

On Aug. 6, D submitted an application for a $50,000 Life insurance policy and did not pay the initial premium. On Aug. 18, D wen

t to his doctor complaining of chest pains and some tests were given by the doctor. The life policy was delivered by the producer on Aug. 20 and D explains what had recently taken place with the doctor. What action should the producer then take?a- collect initial premiumb- collect initial premium along with a signed health statementc- explain to the applicant the policy is no longer in effect due to change in health conditiond- collect initial premium and leave a binding receipt
Business
1 answer:
MAXImum [283]3 years ago
5 0

Answer:

B) collect initial premium along with a signed health statement

Explanation:

Since D submitted an application before he suffered from chest pains, then the producer should collect the initial premium. But the producer must also request a signed health statement which details the previous incident and what the doctor thought about it, and the tests that he requested.

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Speedy Delivery Company purchases a delivery van for $36,000. Speedy estimates that at the end of its four-year service life, th
OverLord2011 [107]

Answer: Straight line method is $7,400 per year.

Double declining balance method is $ 14,800 per year.

Explanation:

Depreciation on a straight line basis is calculated thus:

Cost - Residual value/ useful life

= (36,000 - 6,400)/ 4

= 7,400 per year

Depreciation on double declining method is calculated thus:

100% / useful life

100%/4 = 25

25%*2= 50%

Cost - residual value * 50%

36,000 - 6,400* 50%

29,600* 50%

=$14,800 for the first and second year

5 0
3 years ago
a. ​the government should deal with unemployment and inflation. b. ​to eliminate the problem of scarce resources. c. ​to run a b
dusya [7]

Answer:

The correct answer is E. Individuals decide to use scarce resources in an attempt to satisfy their unlimited wants

Explanation:

Economics is a social science that studies how to manage the resources available to meet human needs. In addition, it also studies the behavior and actions of human beings.

Since the planet's resources are scarce and unfortunately, not everyone can dispose of everything, we are forced to manage those assets to get what we need. Economic science involves the decision making of individuals, organizations and states to allocate these scarce resources.

The economy also focuses on the behavior of individuals, their interaction with certain events and the effect they produce on their environment. For example, the effect they produce on prices, production, wealth or consumption, among others. It is a social science because it studies human activity and behavior, which is a highly dynamic object of study. Humans are unpredictable.

7 0
3 years ago
A relationship between two variables in which one variable increases at the same time as the other decreases is called? a. direc
Liula [17]

When two variables relate such that one variable increases while the other one decreases means that the relationship is d. Negative.

<h3>What is a negative variable relationship?</h3>

This refers to a relationship between two variables where they move in opposite directions. For instance, an increase in one means that there is a decrease in the other.

An example of this would be eating a snack. The more snacks you eat, the less snacks remain in the snack container.

Find out more on variables with negative relationships at brainly.com/question/7090139

#SPJ1

5 0
2 years ago
Refer to hewlett-packard. critics say that fiorina’s weakness as ceo is that she focused too much on ____ and not enough on ____
Luba_88 [7]
The answer to the first unknown is "leadership" while in the second unknown in the problem is actually referring to "management". Hence, as per the Hewlett-packard, the critics say and came up with the statement that Fiorina's weakness as CEO is that she focused too much on leadership and not on management. 
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3 years ago
________ enables production of more inexpensive and better fitting prosthetics than traditional manufacturing methods.
tia_tia [17]

"e-NABLE" is a grass-roots open source sharing community that uses 3D printers to create free printed prosthetic limbs.

8 0
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