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ryzh [129]
3 years ago
6

Which of the following statements about the waiver-of-premium provision in life insurance is true?

Business
1 answer:
Verdich [7]3 years ago
7 0

Answer:

Correct Answer:

D) The disability must occur before a stated age, such as 65, for premiums to be waived.

Explanation:

In Life insurance, the individual insured against bad events that may likely occur in his or her life through an insurance company. This would led to the company to pay his beneficiary or the individual in question if such event happened.

<em>For waiver-of premium to occur in a life insurance,the disability of the individual must occur before the age of 65 years which is assumed to be the retirement age.</em>

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Lillian Stintson works for a global women's rights organization. In the past few months, she has traveled across the globe for t
salantis [7]

Answer:

The correct answer is (d) high perceived organizational support.

Explanation:

High perceived organizational support can be defined as an employees' perception of the degree to which the organization or firm they work for values their input and cares for their overall well being.

Stinson has displayed a high level of organizational commitment, illustrated by her willingness to work on multiple geographical locations and over the weekend. Additionally, she exhibits characteristics of high job involvement which refers to an employee's ability to identify herself/himself with her/his job and derive satisfaction from her/his job, this can easily be seen through  Stinson's enthusiastic and unquestionable work ethics.

Therefore,Stinson's assumes that since she has put in so much effort by working across the globe and over the weekends, the organization would be inclined to acknowledge her need for a rest. She anticipates this decision on the basis that the organizations genuinely care about her welfare. We can also safely conclude that she has little if any interest in whistle-blowing since she believes the organization has her best interest at heart.

3 0
4 years ago
A Third World country can be described as a(n) __________ country.
masya89 [10]

Answer: undeveloped country

Explanation:

6 0
3 years ago
If your firm buys $1,000 worth of supplies on credit with terms 3/15 n60 and pays the bill on the 60thday after the purchase:
Agata [3.3K]

Answer:

Nominal Cost of Trade Credit = 25.09%

Exact Cost of Trade Credit  = 28.03%

Explanation:

given data

buys worth =  $1,000

terms = 3/15 n60

pays the bill = 60th day

to find out

Nominal Cost of Trade Credit and Exact Cost of Trade Credit

solution

we know here Discount % and time 60 day and discount period that is

Discount % = 3%

time for Payment = 60 days

and Discount Period = 15 days

so Nominal Cost of Trade Credit will be as

Nominal Cost of Trade Credit = Discount % ÷ (100 - Discount % ) × [ 365 ÷ (time for Payment - Discount Period) ]    ..................1

put here value we get

Nominal Cost of Trade Credit = \frac{0.03}{1-0.03} × \frac{365}{60-15}

Nominal Cost of Trade Credit = 25.09%

and

Exact Cost of Trade Credit will be here as

Exact Cost of Trade Credit = (1+Discount % ÷ (100%-Discount %))^(365/(time for Payment - Discount Period) - 1    ..................2

put here value we get

Exact Cost of Trade Credit  = (\frac{1+0.03}{1-0.03})^{\frac{365}{60-15}} - 1

Exact Cost of Trade Credit  = 28.03%

5 0
3 years ago
Scottech is examining an investment opportunity that will involve buying $100,000 worth of equipment. They will need $10,000 in
aleksandrvk [35]

Answer:

113,000.

Explanation:

Let go through all the items to see whether we need to include them in the initial outlay or not.

(1) $100,000 worth of equipment => Yes

(2) Shipping will cost $5,000 and installation will cost $8,000 => Yes (Add to purchase price of equipment)

(3) Paid a management consultant $4,000 to analyze this project => No =>This is sunk cost (already incurred regardless of accept or reject the prject)

(4) Increase sales by $20,000 per year => No => under operating cashflow.

(5) $3,500 to train the employees to use the new equipment => No => under operating cashflow.

So, total initial outlay = 100,000 + 5,000 + 8,000 = 113,000.

7 0
4 years ago
What is the purpose of a Quality Rating and Improvement System (QRIS) in the child care?
larisa86 [58]

THE CORRECT ANSWER IS D!


7 0
3 years ago
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