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]
2 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]2 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
Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs
Eva8 [605]

Answer:

First-line manager.

Explanation:

A first-line manager is a person within a company who is directly above all other personnel who are not managers. They have various obligations, such as the aforementioned routine decisions, service desk, feedback, work satisfaction, etc. When it comes to some more serious decisions, this type of a manager is not allowed to make them but rather only advise higher ups.

8 0
3 years ago
when sending a claim to the insurance company for services provided by the physician why are both ICD-10 and CPT codes required
SSSSS [86.1K]

When a patient receives services from a licensed doctors, these services are recorded and assigned codes by the medical coder. ICD codes are used for diagnoses, while CPT codes are used for various treatments. The summary of these services, through these code sets, make up the bill. Medical Claim Billings are rejected when Diagnostic code (ICD-10 code) and procedure code (CPT code) are missing, not complete, or do not match to the treatment given by the physician.

8 0
3 years ago
Explain the importants of marketing segmentation
Nina [5.8K]

A market segment is a subgroup of people or organizations that have one or more characteristics in common that cause them to have the same product needs. Everyone needs water to drink, but does everyone need bottled water? For companies to successfully reach their precise customer, they need to divide a market into similar and identifiable segments through market segmentation.

The main reason companies divide markets into identifiable groups is so that the marketing team can create a custom marketing mix for the specific group. For example, Farmer Joseph realized early on that not everyone would purchase his expensive organic produce. He did not want to exhaust his financial budget by advertising to the masses. Instead, he identified his target market and created a specific marketing plan to communicate effectively with his prime customers.

His target market consisted of females age 18-65, with an income of $50,000+, who have healthy eating habits and who are concerned about pesticides. His plan consisted of ad placement in local women's magazines, newspapers and also email blasts to a list that he formulated with age and income specifics. Lastly, he advertised with a local gym about his healthy produce. Marketers have numerous choices in how they can segment a market.

If the farmer had planned on targeting everyone, then the type of segmentation would have been called no market segmentation. The opposite type of segmentation would be if he decided to target based on every individual factor available. This would be called a fully segmented market. Other choices include segmenting just by gender, income, lifestyle, ethnicity, family life cycle, age group, or even a combination-type.

Companies will not survive if the marketing strategy is dependent upon targeting an entire mass market. The importance of market segmentation is that it allows a business to precisely reach a consumer with specific needs and wants. In the long run, this benefits the company because they are able to use their corporate resources more effectively and make better strategic marketing decisions.

7 0
3 years ago
A prepurchase inspection is different from a pre-sale inspection in there
Luba_88 [7]
These inspections are mostly connected to property purchase. The pre-sale inspection is conducted by investors and real estate agents who deal with the property. A pre-purchase inspection is conducted by the buyer who wants to purchase the property. Both are conducted as means of security.
8 0
3 years ago
Which of these statements about game design is FALSE?
nexus9112 [7]

When it comes to game design, it is false to say that<u> </u><u>Games design </u><u>is not a </u><u>STEM  career</u><u> because it is just abou</u><u>t  making entertainment.</u>

Game design:

  • Incorporates the feedback of users to make better games.
  • Is quite iterative.
  • Requires that many different people from different careers work in different teams.

Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.

In conclusion, option B is correct.

Find out more on STEM careers at brainly.com/question/20250489.

6 0
2 years ago
Other questions:
  • The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $145 per share for months, and you believ
    13·1 answer
  • Which of these actions could constitute a breach of the Civil Rights Act?
    12·1 answer
  • At what point should you start discussing your design and content plans with your client?
    15·1 answer
  • According to the Monetarist theory, _____________is a critical causal force that determines the nominal GDP..
    10·1 answer
  • Identify how planned investment will change in each scenario. Airwings, a commercial airline manufacturer, becomes optimistic ab
    14·1 answer
  • Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband William to work for her. Together
    14·1 answer
  • Suppose it costs $2,500 to buy a defibrillator. Find the expected value of owning a defibrillator if there is a 4% probability t
    10·1 answer
  • Abby left her native land in Eastern Europe in order to become a nanny for a family in a western suburb of Chicago, Illinois. On
    6·1 answer
  • Explain one advantage of using retained profit as a source of finance. ​
    13·1 answer
  • Common resources fall into five general groupings. They include __________, Teams, Facilities, Equipment, and Supplies.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!