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Tom [10]
3 years ago
13

Brea is looking for an insurance policy for her car. Her friend, Justin, who is an attorney, just told her that the policy is a

contract and has some unique characteristics. Which of the following terms applies to the insurance contract?
1. Unilateral.
2. Aleatory.
3. Adhesive.

Statements 1 and 2.
Statement 2 only.
Statements 2 and 3.
Statements 1, 2 and 3.
Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

answer is b

Explanation:

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d1i1m1o1n [39]

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B

Explanation:

because b i think gimme vbucks

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3 years ago
Budgeting is much more difficult for an established business than it is for a new business.
dimulka [17.4K]
Answer: Your answer is true! C:
5 0
2 years ago
A bond with 25 years to maturity, 7% coupon, quoted on a 6.25% basis is callable in 10 years at 103, 15 years at 102, and 20 yea
eduard

Answer: 10 years to call

Explanation:

Maturity period = 25 years

Coupon rate = 7%

6.25% basis is,

  • Callable in 10 years at 103
  • Callable in 15 years at 102
  • Callable in 20 years at par

This bond is considered as premium bond. Therefore, in case of premium bonds, Yield to call will be lower than the yield to maturity. Here, the question is which call date should be utilized. According to the rule of thumb, it states that always use the term that is nearest to the whole call date.

Hence, on the customer's confirmation, the dollar price quoted must be based on 10 years to call.

8 0
3 years ago
When Olga asks Sven if he wishes to sell his Harley motorcycle, he replies that he would not sell it "for less than $2,000." Olg
klemol [59]

Answer:

The correct answer is B. False

Explanation:

Sven never agreed to selling his motorcycle at the spot, he only made a statement that should he intends to sell it later, he will not sell it lesser than $2000.

6 0
3 years ago
When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in:.
Free_Kalibri [48]

When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.

What is consumer surplus?

Consumer surplus occurs when a consumer pays a price that is lesser for a goods than the actual price they are willing to pay for a product.

Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.

Therefore, Frank sells a pie to jean instead of sarah,when the economic value created in society is lower because of the difference in consumer surplus.

Learn more on consumer surplus here,

brainly.com/question/3209988

5 0
2 years ago
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