<span>The bond is a written promise to pay the bond's par value and interest at a stated contract rate. </span><span>Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collection, are called coupon bonds.
</span><span>Bondholders detach coupons when they mature and present them to a bank or broker for collection.
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Based on the information given the wall is an example of a(n) physical barrier.
Physical barrier is barrier that block or obstruct the flow of communication thereby making it difficult for the receiver to hear.
Physical barrier can tend to lead to ineffective communication between two or more people due to the disruption of failure in communication that occur as a result of the barrier.
Wall is an example of physical barrier as they can prevent effective communication thereby by making it hard for the receiver to hear what the sender communicated to him or her.
Inconclusion the wall is an example of a(n) physical barrier.
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An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone
This is further explained below.
<h3>What is an insurance policy?</h3>
Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.
In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.
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Answer:
Considering selling the items and donating cash instead
Answer:
$2,200
Explanation:
The computation of the adjusted balance of prepaid insurance is shown below:
= Expired amount of prepaid insurance
= $2,200
Insurance expense A/c Dr $2,200
To Prepaid insurance Cr $2,200
(Being the insurance expense is recorded)
At the time of insurance expired, the amount is transferred from current asset to the insurance expense account in the income statement
