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ryzh [129]
2 years ago
6

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

Business
1 answer:
Verdich [7]2 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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Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
denis23 [38]

Answer:

The answer is: $4,522

Explanation:

Since Stanford doesn't operate in the restaurant business and doesn't buy the restaurant, he cannot deduct any amount for investigation costs relating to the restaurant.

Stanford doesn't operate in the bakery business but he bought the bakery, so he can deduct up to $5,000 (before amortization) for investigation costs related to the bakery. But those $5,000 are reduced by every dollar he spent over $50,000, so he can only deduct $4,000 [= $5,000 - ($51,000 - $50,000)].

The remaining $47,000 (= $51,000 - $4,000) can be amortized over 180 months, which equals $261 per month (= $47,000 / 180 months).

Since he bought the restaurant in November, he can deduct two months: $261 per month x 2 months = $522

So his total deduction for investigation expenses is = $4,000 + $522 = $4,522

3 0
2 years ago
Jami is managing an extended advertising campaign for a local convenience store chain. The campaign includes a series of televis
alexandr1967 [171]

Answer: (C) The daily and weekly sales volume

Explanation:

  According to the given question, the daily and weekly sales volume is one of the best indicator for checking the effectiveness of the advertising in an organization as it helps in measuring the various types of sales statistics on the basis of weekly or daily target.  

 By using the following ways we can monitoring the sales volume either daily or weekly basis are as follows:

  • By carefully monitoring the share
  • Analyzing the sales's result
  • Feedback from the customers
  • Place the data in graph format

    Jami is basically managing the advertisement campaign and  for the purpose of monitor this advertising campaign we basically analyzing the sales volume such as the product line,  sales region and also the product level.    

  Therefore, Option (C) is correct answer.

6 0
3 years ago
The table below reports the total population in a country and the number of people in different groups as below:Total population
weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

5 0
2 years ago
After you record your business transactions what is the next step in the process of turning this data into useful information?
hoa [83]
I think the answer is called enriching but i might be wrong.
4 0
2 years ago
Economists use the distinction between private and public goods to determine __________
Butoxors [25]

Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.

In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.

Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.

Hence, both public and private goods have their own importance in the economy.

To learn more about public and private goods here:

brainly.com/question/15176802

#SPJ4

8 0
2 years ago
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