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ASHA 777 [7]
3 years ago
14

Emma Clumsy, the insured, makes a contract with Rest in Peace Insurance Company, the insurer, whereby Emma will pay quarterly pr

emiums of $200.00. Upon Emma's death, $400,000 will go to her son, Henry as the beneficiary. Further, the policy required that upon Emma's death, the beneficiary must notify the insurer within three months. Emma did not inform Matthew that he was her beneficiary. Emma died and her policy was not found until four months later. Upon finding the policy, Henry informed Rest in Peace Insurance Company that Emma had passed away, but it refused to pay him the money. Henry sued claiming that he was that he was not bound by the time limitation because he did not agree to it.
In this situation, Henry is ______________.
Business
1 answer:
masya89 [10]3 years ago
5 0

Answer:

Henry is the intended beneficiary of the insurance policy and as such, he is bound to the time limitations and all the other clauses included in the contract.

Explanation:

Intended beneficiaries are third parties that can benefit from a contract. Third parties are not part of the contract and may not even know that they were included as beneficiaries in it, but they are bound by all the legal clauses included in the contract. They must be included in the contract and all the benefits they might obtain have to be explicitly established.  

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Answer:

Value-Added.

Explanation:

A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.

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2 years ago
A group of businessmen and women get together to try to solve the problem of decreased sales of their company's products. One of
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Answer:

The answer is brainstorming

Explanation:

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3 years ago
Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (
tatuchka [14]

Answer:

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

8 0
2 years ago
Scenario: Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. Mary’s job, supervisor, and work loc
Minchanka [31]

Answer: c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.

Explanation:

The options to the question are:

a. This is a new company and new position, Mary will need to compelete a new CPT application.

b. Nothing has changed, Mary does not need to provide any updates.

c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.

d. Mary can call campus and just tell someone.

From the question, we are informed that Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. In this case since there is a merger, Mary has to send official documentation to the DAO in order to notify them about the merger and the change of name of the company. When the documents are received by the DSO, it'll be processed and the change will be effected in the student's record.

4 0
3 years ago
Leslie is at the store with $60 in her purse. She sees two shirts that she wants that each cost $25. There is also a jacket she
Alekssandra [29.7K]

2 is better than 1. if she buys the jacket she Will only have $5 left but if she buys both shirts she Will spend $50 and have $10 left to buy whatever else she wants that is less than $10

4 0
2 years ago
Read 2 more answers
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