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Zigmanuir [339]
3 years ago
9

According to federal law, an insurance company under the provisions of the Investment Company Act of 1940 must allow a variable

life policyholder the option to convert the policy into a whole life contract for a period of
Business
1 answer:
torisob [31]3 years ago
7 0

Answer: 24 months

Explanation:

The law of the state allows for periods more than 24 months, a 2 years of conversion privilege is required by federal law.

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There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products
kobusy [5.1K]

Answer:

monopolistic competition

Explanation:

Monopolistic competition -

It refers to a type of competition , where the some sellers sell similar products but exactly the same , is referred to as monopolistic competition .

The goods and services are not exactly the copy of each other , rather are just similar in nature , with similar components .

Hence , from the given scenario of the question ,

The correct answer is monopolistic competition .

8 0
3 years ago
Explain briefly what kind of Consumer Service is particularly open to an entrepreneur.
Crazy boy [7]

Answer:

Almost any Consumer Services enterprise is amenable to the entrepreneur, from personal services like pet care and yard maintenance to a clinical psychology and counseling practice. Particularly fertile in our current business landscape are Consumer Services tied to computers, electronics, the Internet, and social media.

Explanation:

3 0
3 years ago
Casey Motors recently reported net income of $148 million. The firm's tax rate was 40.0% and interest expense was $46 million. T
HACTEHA [7]

Answer:

$61,640,000

Explanation:

Earning before tax:

= Net income ÷ 60%

= $148,000,000 ÷ 60%

= $246,666,667

EBIT:

= Earning before tax + Interest expense

= $246,666,667 + $46,000,000

= $292,666,667

EVA:

= EBIT(1 - t) - (Capital employed × cost of capital)

= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)

= $175,600,000 - 113,960,000

= $61,640,000

3 0
3 years ago
Suppose you found out that the Japanese are on the verge of introducing their own mayonnaise substitute next month. Sam does not
fiasKO [112]

Answer: A. You would raise your policy premium substantially and Sam would not accept because he​ doesn't know about the Japanese.

Explanation:

In such a scenario as the one described above, the best option as an Insurance Agent is indeed to raise premiums substantially.

As the Japanese will most probably get to market first with the new Mayonnaise Substitute, they will have the rights to it's invention and could even patent it.

This means that Sam and SCAM will most likely suffer a loss as a result of this.

As there is such a high chance of loss, charging a substantially higher premium to enable coverage is only logical and makes business sense.

Sam does not know however that the Japanese are so far ahead and having rejected a substantially lower offer, will reject the newer, substantially higher one as well.

4 0
3 years ago
Hello people, I was wandering if I could get some people to complete this questionnaire for my business course. It would be very
8_murik_8 [283]

Answer:

I did it thank you for points too

4 0
3 years ago
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