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antiseptic1488 [7]
3 years ago
8

What type of life policy covers two people and pays upon the death of the last insured?

Business
1 answer:
Igoryamba3 years ago
7 0
The type of life policy that covers two people and pays upon the death of the last insured is the survivorship life policy, or, to be more precise, we are talking here about the Last Survivor Life Insurance.
If two or more people decide to pay for that type of insurance, once one of them dies, the other one will get the money from the deceased person's death. It is a good type of insurance for spouses, especially older ones, because the other person will be insured.
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What is a survey?
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Answer: D

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Which of the following are reported at fair value except trading securities: a) held-to-maturity securities b) available-for-sal
horsena [70]

Answer:

B. Available for sale securities

Explanation:

Available for sale securities refer to debt or equity instrument. They are purchased with a pre defined aim of selling them before their maturity, for  profit earning. Such profit is usually a 'quick capital gain'. Apart from profit, they also assist for liquidity, repaying needs of companies.

These equities are reported at 'fair value'. This implies that unrealised gains & losses are not included in earnings. They are rather recorded in a specific segregated item head 'accumulated other comprehensive income' of shareholder's equity.

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Business letter for fashin design
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The agency relationship is a fiduciary relationship and is based upon trust
mario62 [17]

Answer:

True

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Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.

Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).

This type of relationship can only exist as long as mutual trust exists between the agent and his client.

4 0
4 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 million bottles of wine were sold ev
AysviL [449]

Answer:

$3

$2

$1

False

Explanation:

The burden of tax refers to who pays the tax between the buyer and the seller.

More burden of tax usually falls to the party with the more inelastic demand because the quantity demanded would not change despite the increase in price as a result of the tax.

To find the amount of tax per bottle = price of wine - amount received by producers = $6 - $3 = $3

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I hope my answer helps you

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