It is inaccurate to say FTC does not regulate funeral home services because it does not regulate this sector of business.
<h3>What is the function of Funeral rule of Federal Trade Commission?</h3>
The Federal Trade Commission (FTC) strives to stop unfair, dishonest, and fraudulent commercial activities. They also offer information to aid consumers in recognizing, avoiding, and stopping fraud and scams. The FTC Funeral rule became operative on April 30, 1984.
Every year, the FTC performs undercover inspections to ensure that funeral establishments are abiding by the Funeral Rule. The Funeral Rule is in effect whenever a consumer asks a funeral provider for information, if the consumer is looking into pre-need or at-need preparations.
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Answer:
the future value is $328,983.26
Explanation:
The computation of the amount that would be retired in 45 years is shown below:
As we know that
Future value = Present value × (1 + interest rate)^time period
= $5,000 × (1 + 9.75%)^45
= $328,983.26
Hence, the future value is $328,983.26
Answer and Explanation:
The computation is shown below:
a. The expected value of payout arise from emergency is
= 0.01 × $67,500
= $675
b. The expected value of payout arise from capped coverage insuance is
= (0.9 × $500) + (0.09 × $2,500)
= $675
c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B
Answer:
Date
Explanation:
Simple and is easy is that my partners
Answer: Examing demand for the products.
Gauge customer satisfaction.
Explanation: we dont have to sell products we like or want to sell, but products people demand. First we have to do is knowing consumers and what do they want. And keep our customers highly satisfied.
