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Art [367]
4 years ago
13

What is a contingent beneficiary on a life insurance policy

Business
1 answer:
Ludmilka [50]4 years ago
7 0

Answer and Explanation:

A life insurance policy assures a lumpsum amount to the beneficiaries of the deceased policy holder against premiums paid during the holder's life.

There are a variety of insurance policies available for different amounts that one can subscribe to. Contingent beneficiary can be termed as second nominee to the policy holder's policy. In case the main or primary beneficiary is dead or declared lunatic by law, the policy proceeds can be claimed by the contingent beneficiary. The name of the contingent beneficiary is put in the policy agreement by the holder.

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The Hi-Stakes Company has a number of importing and exporting transactions. Importing activities result in payables and exportin
Lorico [155]

Answer:

The Hi-Stakes Company

a. If the direct exchange rate increases, the dollar strengthens relative to the other currency.

b. If the indirect exchange rate increases, the dollar also strengthens relative to the other currency.

Explanation:

When the exchange rate increases, it means that more of the other currency is required in order to embark on importing and exporting transactions.  However, the increases will weaken the ability of the importing currency to afford the dollar-based goods, which have then being made more expensive.

3 0
3 years ago
A firm sells a product in a purely competitive market. The marginal cost of the product at the current output of 200 units is $4
sattari [20]

Answer:

It must shut down

Explanation:

Even at the lower average variable cost, which is 3.50 dolllar will be lossing money given a market price of 3.00 dollar

Considering is not making enough to cover the variable cost the best option is to shut down and only take a hit for the fixed cost  until it can totally exit the market. If it tries to produce it will only make thinks worse as producing generates more losses

6 0
3 years ago
Who wants points answer in this question points for 10 points ;)
SpyIntel [72]

Answer:

OK Thanks for the free points

4 0
3 years ago
Read 2 more answers
​A(n) _____ is a person who organizes and starts a​ corporation, negotiates and enters into contracts in advance of its​ formati
Nutka1998 [239]

Answer: Promoters

Explanation:

 A promoters is the person in an organization who start the corporate and manage the investors for the financial purpose. The promoters has ability to handle and also understand the actual requirement of the customers.  

 The main responsibility of the promoters is that they done all the necessary formalities regarding the organization investing registration and they also deal with the contracts in the business.

They also promote the company or organization by gain maximum project through the investing process.

6 0
3 years ago
During the Truman and Eisenhower administrations, corporate development in the United States:__________
Anastaziya [24]
The answer is discouraged by government
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3 years ago
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