Answer:
C. managing broker over Agent Smith
Explanation:
a managing broker is someone is held liable over the actions of another broker office or agency that act on the managing broker's behalf. Thse office or agnecy are allowed to act without direct order from the managing broker, but managing broker will be the one that receive all the consequences.
All the profit that is made by managed entity (in this context agent smith) will have to goes to managing broker first and the managing broker will share the profit on a private term with Agent Smith.
In return, the managing broker will have to ensure that all of the agents that he/she has under disposal have to follow the compliance rule that is made by the government. He will manage the licence and annual tests of the agents in order to ensure consumer safety.
Answer:
Pay the claim and the accident occurred during the grace period
Explanation:
Grace period is the period or the set length of the time after the due date during that the payment is to be made without any penalty by the insurer or the person.
The grace period mostly is of 15 days and it is usually involves in the insurance contact and the mortgage loan.
So, in this case, the insurer forget to pay the premium but on march 19, she met with an accident and broke her leg, then the insurance company will be paying the claim as the accident happened during the grace period.
Characteristics 4 and 5 would be typical of an industry that is in the start-up stage.
Explanation:
- Following characteristics would be typical of an industry that is in the start-up age :
- 4. The current penetration rate in the United States is 60% of households and will be difficult to increase.
- The households between $1 million and $2 million in net worth is given below :
- $1,000,000 in wealth is near the 88% in America.
- Around 15,117,804 are households that matched this bracket or more.
- 5 Manufacturers compete fiercely on the basis of price, and price wars within the industry are common.
- There are certain strategies which includes
- price matching,
- evaluating the competitors,
- product re-branding,
- creative advertising and marketing
As Andre Marinus de Ruyter is one of the directors of the public utility company, he will be able to make informed decisions for business process.
<h3>Who is Andre Marinus de Ruyter?</h3>
He is Chief Executive Officer & Director at the Eskom Holdings SOC Ltd which is a South African electricity public utility that was initially established in 1923 as the Electricity Supply Commission.
In an organization, an informed decisions refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, as Andre Marinus de Ruyter is one of the directors of the public utility company, he will be able to make informed decisions for business process.
Read more about informed decisions
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Answer:
C. 91,000 74,000
Explanation:
Calculation to determine the choices that correctly expresses the total equivalent units of production for Material X and Material Y
Calculation for Material X using this formula
Material X = Started and completed + Ending Work-in-process inventory
Let plug in the formula
Material X = 74,000 units + 17,000 units
Material X = 91,000 units
Therefore Material X will be 91,000 units
Calculation for Material Y
Based on the information given Material Y will be 74,000 units reason been that Y is added at the 80% point while the current point on the other hand is 30%.
Therefore Material Y will be 74,000 units.