If the insurer takes the policy as applied for the coverage will take effect when the conditions of the receipt are met and from the date of the application or medical exam. The two types of conditional receipts are insurability and approval. The insurability receipt provides interim coverage as the applicant is insurable while the approval receipt will not begin until the insurer will approve the claim. However, conditional receipts will provide the coverage if the applicant is insurable as applied for and coverage will not be delivered until the applicant accepts the coverage if the insurer concerns a counter-offer because the applicant is substandard risk.
It was Madame C. J. Walker, the entrepreneur who had a significant impact of the cosmetics industry. Her real name is Sarah Breedlove and she made unique and specialize hair products for African-American hair. Her being the creator of the specialized hair products for African-American women hair was inspired by her personal hair problem. She once had a scalp illness resulting to a severe hair loss that is why she decided to create products that would cure such. This line of industry make her one of the first millionaire during her times.
Answer:
e. consumer spending will increase.
Explanation:
If Congress decides to increase defense spending but does not increase taxes to cover the deficit spending, we can expect that consumer spending will increase because, unless in the event that the increase will be funded by borrowing from the private sector which will cause a crowding out effect, The increased spending by congress (government) will create a multiplier effect by causing job creation for the unemployed, which will imply that people will have more income to spend leading to rise in aggregate demand or consumer spending.
Furthermore, the fact that there will be no increase in taxes implies that consumers will have a higher disposable income for consumption purposes leading to a rise in consumer spending
Answer:
C. Ted & Fred
Explanation:
Ted and Fred are in a partnership form of business ownership. According to the law of partnership, partners should share profits and losses equality unless specified otherwise in a partnership deed. In this scenario, Ted and Fred will share the loss equally or in the manner stated in their partnership agreement.
Lawrence is an employee. He does not share in the profits and losses of the business. Lawrence provides labor services to the partnership for which he earns a constant salary.
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