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Aleks [24]
3 years ago
10

An insured forgets to pay his insurance premium. Instead of the policy lapsing, the premium is paid by the company. This would s

uggest that a __________ policy was purchased.
Business
1 answer:
Vanyuwa [196]3 years ago
5 0
<span>This would suggest that a Whole life policy was purchased.
a whole life policy is a kind of insurance policy that will stay active for insured's entire lifetime. (as long as the premium keep being paid on time)
One example of this type of insurance is a life insurance (which will give a specific amount of money to your family if you passed away)</span>
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artcher [175]

The best course of action is to ask Steve to generate quit-claim deeds on the properties. Even though the divorce decree grants ownership to Margot, she can't convey the properties until Steve either produces quit claim deeds OR agrees to convey the properties with her.

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7 0
2 years ago
Which sentence is​ correct?
cricket20 [7]

D. The school system is composed of five different​ districts, each of which composes six or more schools.

Out of the sentences listed, answer D is the best well written sentence based on structure.  When developing setence structure, makig sure the sentence sounds and is written approriately is necessary.  

6 0
2 years ago
The prepaid insurance account had a beginning balance of $6,600 and was debited for $2,300 for premiums paid during the year. Jo
____ [38]

Explanation:

The adjusting entry is as follows

Insurance expense A/c Dr  $4,800

           To Prepaid insurance A/c  $4,800

(Being the insurance expense is recorded)

The computation is shown below:

= Beginning balance + debited amount - unexpired insurance amount

= $6,600 + $2,300 - $4,100

= $4,800

So while preparing the adjusting entry, we debited the insurance expense account and credited the prepaid insurance account

8 0
2 years ago
The investment most affected by local conditions is:
Tems11 [23]

Savings accounts . . .
     interest rates are most determined by the state of
         the national economy.

Mutual funds . . .
Treasury bills . . .
     traded on nationwide exchanges; prices and returns
        are pretty uniform nationwide.

Real estate . . .
     rests directly on local conditions in each city, and sometimes even in
        different parts of the same city;
     affected by things like local unemployment, local bad weather,
        local price of gas, local tourism, local special events, etc.

4 0
3 years ago
Read 2 more answers
Why are some industries regulated?
muminat
Uk ​ us ​ GOVERNMENT, LAW. a type of business that is controlled by government rules: This applies to workers in regulated industries, such as teaching or financial services. The nuclear industry is the most highly regulated industry in the world.
5 0
3 years ago
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