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Alexandra [31]
3 years ago
13

When a life insurance policy stipulates that the beneficiary will receive payments in the specified installments or for a specif

ied number of years, what provision prevents the beneficiary from changing or borrowing from the planned installments?
A. Spendthrift provisionB. Settlement optionC. Accelerated benefit provisionD. Loan provision
Business
1 answer:
Helga [31]3 years ago
4 0

Answer:

A. Spendthrift provision

Explanation:

Based on the information provided within the question it can be said that the provision that prevents this is called a "spendthrift provision". Like mentioned in the question this term refers to a provision that prevents an individual from giving away his inheritance or any creditor attaching themselves to the inheritance, as well as changing or borrowing for themselves.

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Answer:

$200,000

Explanation:

The computation of the net revenue is shown below:

= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable  

= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000

= $200,000

We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable

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3 years ago
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
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Answer

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Step-by-step explanation:

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5 0
4 years ago
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fenix001 [56]

Answer:

The answer is: The overhead variance was $1,700 and it was overapplied

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8 0
3 years ago
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Please help me, I suck at this class ToT
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Answer:

a

Explanation:

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