Answer:1 the answer is d, 2. The answer is d, 3.The answer is C, 4. The answer is d, 5. When the policy holder does not dies within the years in which the policy was taken
Explanation:
1.Trust is a group of people which has the authority to manage a asset of the owner of the asset after the death of the owner of such asset. The trustee take over the management of the asset that is the properties of the owner after the death of the owner.
2.The major type of insurance are motor vehicle insurance, fidelity guarantee insurance, fire insurance, burglary theft or robbery insurance, Accident insurance, life insurance such as joint life insurance, whole life insurance,term insurance, Annuity insurance, indexed universal life insurance.
3.Annuity insurance : This is the insurance policy in which the insured pays a lump sum of money in form of premium to the insurance company which matures at the retirement of the insured .the insurance company makes regular payment of income to the policy holder on his retirement for a specified period or for the rest of his life depending on the agreement reached and the lump sum paid by the insured.
4.The joint life insurance is the insurance policy which can be jointly taken by two people, the insurance company pays a lump sum to the person who has not died out of the two people that take the policy if the first person out of the two person that takes the policy dies within the period in which the policy was taken with the insurance company.
5. Incident of ownership is the right given by the insurance company to the insured to change the beneficiary listed by the insured on the life insurance policy taken by the insured with the insurance company. The insured can exercise his right under this measures to change the names of the beneficiaries who will receive the benefits after the death of the insured.
Answer: $94,300
Explanation:
Net Sales revenue will be;
= Sales revenue - Sales Returns and Allowances - Sales Discounts
= 99,000 - 1,800 - 2,900
= $94,300
Net sales revenue is imparted by sales discounts and sales returns alone in this instance.
Answer:
D. The marginal cost is at its minimum
Explanation:
Marginal Cost is the additional cost of producing an additional unit of output. Thus if the marginal product is at its maximum, the marginal cost will be at its minimum
Answer:
Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.
Explanation:
Given that Juan invests a total of $ 350,000 in two accounts, and the first account earned a rate of return of 3% (after a year), but however, the second account suffered a 2% loss in the same time period, and at the end of one year, the total amount of money gained was $ 1250, to determine how much was invested into each account, the following calculation must be performed:
175,000 x 0.03 - 175,000 x 0.02 = 1,750
160,000 x 0.03 - 190,000 x 0.02 = 1,000
165,000 x 0.03 - 185,000 x 0.02 = 1,250
Therefore, Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.
Answer:
adaptive culture
Explanation:
An organization with an adaptive culture is usually one that can adapt quickly to changes in their environment, This changes can result from technological innovations, changes in consumer habits, changes in regulations, etc.
The key issue here is that the organization will respond rapidly to new opportunities and changes.
