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Aleksandr-060686 [28]
3 years ago
14

In purchasing life insurance, kelsey concealed the fact that she has a muscular disease. the insurance company can void the poli

cy if the muscular disease is found to be a material fact.
a. True
b. False
Business
1 answer:
olga2289 [7]3 years ago
3 0
<span>True, the life insurance company can void the policy if it is found that Kelsey lied about her muscular disease on an application. When filling out a life insurance policy application, it is expected that the applicant answers all questions truthfully to the best of their knowledge. Falsification of information on a document is grounds for the application to be voided. Some other laws may apply depending on the state for when the void may go into affect or how it could impact Kelsey's ability to re-apply for the policy.</span>
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4 0
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$ 3,085

Explanation:

Given that;

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r = 0.04, 0.05 and 0.055 respectively.

The present value  formula is given as:

PV=\frac{F}{(1+r)^n}

PV=\frac{5000}{(1+0.04)^3(1+0.05)^2(1+0.055)^5}

PV = 5000 × (1.04)⁻³(1.05)⁻²(1.055)⁻⁵

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8 0
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You see a commercial for a new product. It promises you clear skin in 30 days and greater confidence. The company selling the pr
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4 0
2 years ago
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The  Price and the Quality

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Quality is the essential factor for the product and without adequate quality, the product cannot survived in the market. hence quality of the product is of higher priority.

Price is the key element for vendor selection, as it is the base on which the decision of the suplier is being made. Price decides the business viability and it develops the platform for the business. So price is of higher priority factor for the vendor selection for the Nori product.

4 0
3 years ago
A risk analyst gives Oracle Corporation, the enterprise software and database management firm, a CAPM equity beta of 1.2. As of
KengaRu [80]

Answer:

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6 0
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