1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igor_vitrenko [27]
3 years ago
13

Partners in a business enter into a buy-sell agreement to purchase life insurance, which states that should one of them die prem

aturely, the other would be financially able to buy the interest of the deceased partner What of insurance policy may be used to fund this agreement?
1. Term insurance only
2. Permanent insurance only
3. Universal life insurance only
4. Any form of life insurance
Business
1 answer:
WINSTONCH [101]3 years ago
3 0

Answer: (4) Any form of life insurance

Explanation:

 According to the given question, any type of the life insurance policy are used for purpose of funding the interest financially of deceased partner.

 In this type of life insurance policy we made an agreement between the holder of life insurance policy and the insurer based on the critical or terminal illness of the person.

It is basically used into the form of two types that is whole life or for the short term contract basis. Therefore, Option (4) is correct.

You might be interested in
In his speech on the need to expand the local animal shelter, sheldon quotes the center's director as stating, "if we do not sec
mariarad [96]

Moschino Cross Bear Women Short Sleeves Short Dress Black

Shop <u>www.moschinooutletonlinestore.com</u> 2018 Moschino Outlet Online Store, Buy Moschino Cross Bear Women Short Sleeves Short Dress Black with Big Discount, Fast Delivery and Free Worldwide Shipping...

<u>https://www.moschinooutletonlinestore.com/moschino-cross-bear-women-short-sleeves-short-dress-black.html </u>

4 0
3 years ago
Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
lara31 [8.8K]

Answer:

The maximum Southern Tours could pay to acquire the Holiday Vacations is the present is the value of the inflows to be generated from the target company.

The present of the target business is $519,799.59  

Explanation:

That amount is the maximum that should be paid for the target business,depending on negotiation skills of Southern Tours' management.

A  lower price could be bargained,which better makes the investment more profitable.

Find attached spreadsheet for detailed computations.

Download xlsx
6 0
3 years ago
Which items are consequences of globalized trade for a developed nation that begins to import more goods and services from less-
Vaselesa [24]

Answer:

Globalization has resulted in great opportunities for businesses from less developed countries to take a hold over the more and much bigger markets from all over the world. Hence, the business over there has the opportunity for better capital flow, human capital, technology, larger export, and low-cost imports, And since they export their products at lower rates, the developed countries import from them more goods and services to save capital.

However,

1. These products lack quality.

2, And they are more prone to defects as well as wear and tear, as a developed country's technology is far superior to those of developing countries. However, now the developing countries are picking up the speed, and coming up with better technology to match that of developed, because of better education facilities, and proper training.

Explanation:

Please check the answer.

5 0
3 years ago
At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an a
Yanka [14]

Answer:

n =   ㏒ P ÷ ㏒ (1.08)

Explanation:

Compound interest rate

A = P × (1 + r)^{n}

where

P = principal amount (the initial amount you borrow or deposit)

r  = annual rate of interest (as a decimal)

A = amount of money accumulated after n years, including interest.

n  =  number of years

Since we want the principle amount to double i.e., A = 2P

put this in above equation

2P = P × (1 + r)^{n}

divide both sides by P, we get

P = (1 + r)^{n}

put r = 0.08

P = (1 + 0.08)^{n}

P = (1 .08)^{n}

Taking log on both sides

㏒ P =㏒ (1 .08)^{n}

㏒ P = n ㏒ (1.08)

n =   ㏒ P ÷ ㏒ (1.08)

8 0
3 years ago
Text written for advertising and marketing campaigns is referred to as o content. context O copy o collateral​
melisa1 [442]

Answer:

always be it and never fail

Explanation:

5 0
3 years ago
Other questions:
  • The budget of an economy is said to be in deficit when:
    9·1 answer
  • Scenario 18-3 sam has two jobs, one for the winter and one for the summer. in the winter, he works as a lift attendant at a ski
    13·1 answer
  • Describe two ways that technology changed people's lives in the 1990s
    11·2 answers
  • Which of the following accounts could be found in the PQ partnership's general ledger?I. Due from PII. P, DrawingIII. Loan Payab
    13·1 answer
  • Derek, an accountant, allocates the cost of a piece of earth-moving equipment over a specific period of time. Based on the given
    7·1 answer
  • E-Flix rents DVDs that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the v
    14·1 answer
  • What is true if you only pay your minmium amount each towards your credit card bill
    14·1 answer
  • The basis for classifying assets as current or noncurrent is conversion to cash within A. the operating cycle or one year, which
    10·1 answer
  • g 4. The price of a home is $197,000. The bank requires 20% down payment and four points at closing. The cost of the home is fin
    8·1 answer
  • Easy career class question
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!