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Andru [333]
3 years ago
6

If insurance premiums are going to be set below the actuarially fair level for a certain group, who will likely be targeted to m

ake up the difference?
A. government regulators and taxpayers
B. insurance company shareholders
C. other buyers of insurance
D. taxpayers or other buyers of insurance
Business
1 answer:
Yanka [14]3 years ago
4 0

Answer:A. government regulators and taxpayers.

Explanation: Insurance premium is the amount of money initially paid by an organisation which can be a profit making Organisation or non profit making Organisation or an individual before the start of an insurance policy.

An actuarially fair level is the compensation level that is commensurate with the premium of the policy holder.

IF THE INSURANCE PREMIUM IS TO BE SET BELOW THE ACTUARIALLY FAIR LEVEL THE GOVERNMENT AND TAX PAYERS WILL BE EXPECTED TO PAY THE FOR THE DIFFERENCE.

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On January 1, 2016, Tonika Company issued a four-year, $10,000, 7% bond. The interest is payable annually each December 31. The
disa [49]

Answer:

Option C is correct one.

Interest expense 773

Discount on bonds payable 73

Cash 700

Explanation:

2016 interest expense  = initial issue price, which is the 1/1/2014 book value x the market (effective) interest rate

= $9,668 x 08

= $773

Cash interest payment

= maturity value of the bond x the stated interest rate = $10,000 x .07

= $700  

Amortization of discount on bonds payable

= interest expense - interest cash payment

= $773 - $700.

= $73  

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3 years ago
What are ‘sweeteners’ in the context of fashion lines? A. high-priced special designs for a select few customers B. additional i
KengaRu [80]

Answer:

I would say A or D. But I'm leaning towards D - patterns created to attract young and affluent customers.

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3 years ago
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The most noticeable difference between common-law and code-law systems is found in the laws governing _____.
Elis [28]

The laws governing intellectual property are where common-law and code-law systems most obviously diverge. 

<h3>What is intellectual property ?</h3>

The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.

The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.

Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.

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6 0
1 year ago
Sunway Megamall is a planned shopping center in Cebu city with nearly 400,000 square feet of shopping space, and it serves aroun
Alborosie

Answer: regional shopping center  

             

Explanation: Simply put, a regional shopping center refers to the major retail shopping center covering a city or state's separate geographic area, containing at least one large full-line department store, as well as a variety of other merchants and service companies.

It is designed along at least one complete-size department store and sometimes several; there are several specialty shops and boutiques, and typically there are several establishments.

Hence from the above we can conclude that the given case depicts regional shopping center.

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3 years ago
Which component of the amps model most appropriately addresses the axiom, "your data won’t speak unless you ask it the right dat
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Ask me a question component of the amps model most appropriately addresses the axiom, "your data won’t speak unless you ask it the right data analytics questions.

All optimization problems consist of three components: objective function, decision variables, and constraints. When we talk about formulating an optimization problem, we mean transforming the "real world" problem into the formulas and variables that make up these three components.

The prescriptive of the amps model analysis is action. This type of analysis tells the team what to do based on the predictions made. Being the most complex type, less than 3% of businesses use him.

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1 year ago
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