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
Neporo4naja [7]
3 years ago
12

An insured pays her Major Medical Insurance premium annually on March 1. Last March she forgot to mail her premium to the compan

y. On March 19, she had an accident and broke her leg. The insurance company would)__________.
Business
1 answer:
zysi [14]3 years ago
3 0

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.

You might be interested in
Hey I was wondering if someone could make a study guide for my 7th grade final (I finished most of it.) I'll give lots of points
Bond [772]
Do you just need like a study guide with everything wrote down and organized or do you need it in a different way? I might be able to help :)
3 0
2 years ago
Read 2 more answers
When someone takes out a mortgage loan to buy a house, the mortgage lender can take possession of the house and sell it if the b
AnnZ [28]

Answer:

A. Collateral

Explanation:

A collateral is a valuable item, a property or an asset that is offered by a borrower of a loan to the lender of the loan as a form of loan security, such that the lender can take possession of the asset, monetize the asset and recover the losses. Collateralized loans includes car loans and mortgages.

Lending such as those given in business credit card does not require loan securities

8 0
3 years ago
Assume a systems development project effort calculation determines that the system will require 240 function points. if the deve
kakasveta [241]

The guess the correct answer is much less.

Assume a systems development project effort calculation determines that the system will require 240 function points. If the developers choose to implement this system in the C programming language, approximately 31,200 lines of code will have to be written. If the developers choose Visual Basic to implement the system, the number of lines of code will be much less.

4 0
3 years ago
Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
monitta

Answer:

If Mary and Tim specialize in the good in which they have a comparative​ advantage, ______.

Mary would specialize in making cakes while Tim would specialize in making pies.

Explanation:

a) Data and Calculations:

Mary's opportunity cost of making a cake = 2 pies

She can make additional 5 (10/2) cakes instead of making pies

This will increase her cakes to 25 a day (20 + 5)

Tim's opportunity cost of making a cake = 4 pies

She can make additional 40 pies (10 * 4) instead of making cakes

This will increase her pies to 60 pies a day (20 + 40)

When they specialize there will be 25 cakes and 60 pies produced in a day instead of 30 cakes and 30 pies.

5 0
3 years ago
Halt company employee material handling employees who move materials between production divisions at a labor cost of $160,000 a
Ivenika [448]

Answer:

The $12,000 is the material handling cost should be assigned to products made in March.

Thus, the correct option is a. $12,000

Explanation:

For computing how much of the material handling cost should be assigned, first we have to calculate the per pound of material. The formula is shown below:

Per pound of material = Labor cost ÷ Number of pounds

                                    = $160,000 ÷ 800,000

                                    = $0.2 per pound of material

Now, multiply this per pound of material with moving pounds.

In mathematically,

Material Handling cost = Per unit of pound × Moving material

                                      = $0.2 × 60,000

                                      =$12,000

Hence, the $12,000 is the material handling cost should be assigned to products made in March.

Thus, the correct option is a. $12,000

4 0
3 years ago
Other questions:
  • The fed buys $5 billion worth of treasury bonds on the open market
    11·1 answer
  • Evie agrees to work for far east shipping, ltd., as a translator. in determining whether a contract has been formed, an element
    15·1 answer
  • You’ve observed the following returns on Barnett Corporation’s stock over the past five years: –27.3 percent, 15.2 percent, 33.4
    9·1 answer
  • The National Transportation Safety Board has proposed a new regulation that would require children under the age of two to be st
    10·1 answer
  • Evaluate a. "If banks increase their excess reserves, the monetary base will increase. If the monetary base increases, the money
    14·1 answer
  • Neeta Landscaping Company provides lawn care services to a customer and immediately receives $45. Which of the following describ
    9·1 answer
  • A company is recording the disposal of accounts receivable with two different transactions. One transaction affects the balance
    15·1 answer
  • Mexico can produce vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations
    11·1 answer
  • Psychologists have observed that: Multiple Choice once investors have made a loss, they become much more willing to take risks.
    11·1 answer
  • Edison Corporation's variable manufacturing overhead rate is $5.00 per direct labor-hour. Total budgeted fixed overhead is $25,0
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!