Renter's insurance doesn't cover things like theft, but homeowners insurance does.
Answer:
C) Mutual gains from trade can be obtained if the United States imports televisions from Korea and Korea imports wheat from the United States
Explanation:
Korea has a comparative advantage over the US in the manufacturing of television units, while the US has a comparative advantage over Korea in the production of wheat. Therefore if they trade between each other they can both benefit from this situation. If Korea and the US are able to trade TVs for wheat at a the following price levels:
10 bushels of wheat ≤ TV ≤ 20 bushels of wheat
Answer:
Universal Life Insurance
Explanation:
The key characteristics of universal life insurance are:
- A lump sum is paid as premium at an initial stage
- It is a flexible form of insurance where the insured can elect how much premiums he / she pays, and also the death benefits they receive.
- Policyholders may access a portion of the accumulated cash value without affecting the guaranteed death benefit
From the question,
- Kurt paid a lump sum of $3,000 which is his initial cost of insurance.
- Kurt also has the flexibility of choosing the premiums he pays regularly.
- Kurt also has the ability to accumulate a cash value and access a portion of it
These key indicators show that Kurt is on a universal life insurance plan
Answer:
The correct answer is National Service Provider.
Explanation:
The networks of Internet service providers could be considered as a super set of business networks, especially large corporations. The big difference is that a bank has to attend only to the traffic requirements between the networks of its own offices, while an ISP serves hundreds, thousands or millions of different clients, and it is important to guarantee the "tightness" of the various groups , so that they don't see each other directly, and in turn, everyone can access the Internet.
Answer:
The Bronco Corporation
The fair value of the equipment is:
= $145,000.
Explanation:
a) Data and Calculations:
Book value of land = $125,000
Fair value of the land = $160,000
Amount received from the equipment owner in exchange = $15,000
Fair value of the equipment = $145,000 ($160,000 - $15,000)
b) This simply means that the equipment is worth less than the land which is exchanged between Bronco and the equipment owner.