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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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Please help me with these accounting questions
Alinara [238K]

Answer:

In summary, types of business entity should be differentiated in Ownership; ... Credit transactions: the buyer does not have to pay for the item on receipt, but is allowed ... Dr.Cash 600 Cr.Irrecoverable debt expense 600 8.2 An allowance for ... the day is as follows: Assets Capital + Liabilities (Inventory $50)

Explanation:

5 0
3 years ago
Salespeople who assist in design and specification processes, installation of equipment, and training of a customer's employees
umka2103 [35]

Answer:

technical support salespeople.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

Salespeople who assist in design and specification processes, installation of equipment, and training of a customer's employees are called technical support salespeople.

4 0
3 years ago
Seven months ago, you purchased 140 shares of Mitchum Trading for $50.07 per share. The stock pays a quarterly dividend of $.17
sesenic [268]

Answer:

The answer is $47.6

Explanation:

Solution

Given that

You bought = 140 shares of  Mitchum Trading for $50.07  per share

The quarterly dividend = $.17

The current price = $51.03

So we find the total dividend income you received which is computed below:

The total dividend received = (0.17 * 2) * 140

=(0.34) * 140

= $47.6

Therefore the total dividend of income that you received is $47.6

4 0
3 years ago
What is not the best speed control option to use when approaching a stale green traffic light? a. maintain speed b. apply brake
romanna [79]

Answer:

c

Explanation:

A stale green light is light that is about to turn yellow because it has been green for a while

Cover brake involves taking ones foot off the accelerator and hovering it over the brake pedal.

Cover brake is necessary when there is a stale green light in case there is a need to stop suddenly or reduce speed

6 0
2 years ago
On which group will a progressive tax place a greater tax burden?
Furkat [3]
Poor citizens will be greatly affected by a increase in taxes,nobody takes into account there day to day living,rent,utilities,food and that's just to name a few.
5 0
3 years ago
Read 2 more answers
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