Answer:
A triple indemnity rider establishes that the insurance company will pay double or triple (depends on the accident and the specifics of the policy) the original insurance amount in case the insured dies from an accident as long as the insured was not responsible for the accident. In this case, since the insured was responsible for causing the accident, his family will receive the face value of the policy ($1,000,000) and the triple indemnity rider clause will not be enforced.
Answer:
$20,000
Explanation:
Calculation for What amount should Valet report in its 2021 income statement for unrealized holding loss
Using this formula
2021 income statement for unrealized holding loss=Aggregate cost -Aggregate Fair value
Let plug in the formula
2021 income statement for unrealized holding loss=$ 180,000-$ 160,000
2021 income statement for unrealized holding loss=$20,000
Therefore the amount that Valet should report in its 2021 income statement for unrealized holding loss is $20,000
The answer is true. A stock is a broad phrase that refers to any company's ownership certificates. A share, on the other hand, refers to a company's stock certificate.
You become a shareholder if you own a share of a specific corporation. Stocks are classified into two types: common and preferred. When you purchase stock in a corporation, you become a part-ownership of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company. Investing in stocks is fundamentally about accumulating and growing wealth. The most basic suggestion for traders on how to invest money in the stock market is 'buy cheap, sell high.'
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I guess the correct option is D.
The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.
Answer:
The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:
giving the bank public relations boost, thereby improving its public image.
Explanation:
The creation of publicity opportunities through this fundraiser enhances the bank's activities. Awareness of its services is created through the sponsorship. People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged. The fundraiser creates huge goodwill. Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.
