Answer:
writing insurance laws
Explanation:
The given question is incomplete and full is here:
Which of the following is NOT a duty of the Insurance Commissioner?
A. maintaining records
B. issuing certificates of authority to transact insurance business
C. writing insurance laws
D. conducting hearings
answer is C because there is authority known as NAIC (National Association of Insurance Commissioners) to formulate and regulate insurance laws
Conforming Loan Limits Increase By 18% in 2021 for the Year Ahead.
The correct answer is true.
It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.
The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.
Answer: $85 Billion
Explanation:
Given that,
Personal consumption expenditures in a specific year = $50 billion
Purchases of stocks and bonds = $30 billion
Net exports = (- $10 billion)
Government purchases = $20 billion
Sales of secondhand items = $8 billion
Gross investment = $25 billion
From the above information, expenditure method is more suitable.
GDP = Personal consumption expenditures + Gross investment + Government purchases + Net exports
= $50 + $25 + $20 - $10
= $85 Billion
Answer:
it must be organized as a separate legal entity.
Explanation:
A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets.
Advantages of a corporation include :
1. they have unlimited liabilities
2. they have unlimited life. the business doesn't end even after the death of the owners unlike a sole proprietorship
3. they have more access to capital
Disadvantages of a corporation include :
- high cost of setting up
- Earnings to shareholders are taxed twice
A corporation can only issue one type of share
A corporation is under no obligation to pay dividends
Stocks of a corporation can either be sold in large or small amounts
