Answer: 407
Explanation:
Given the following :
Auto insurance (A) = 243
Homeowners insurance (H) = 207
Life insurance (L) =?
LnH = 55
AnH = 96
AnLnH = 32
total number of the agent’s policyholders who own at least one of these three insurance products = 407
Answer:
Money Supply
Explanation:
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Answer:
The correct answer is letter "C": Entire Contract.
Explanation:
The entire contract is the clause in an insurance contract that establishes that both the insured and the insurer are bound by the terms and conditions stipulated in the contract. In other words, only what is stated in the contract are the benefits and obligations of both parties and nothing else outside of it.
Answer:
The total amount of paid-in capital in excess of par is: $5,000.
Explanation:
When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.
<u>Here is the Summary of the Transaction provided.</u>
Common Stocks : 260 shares × $100 = $26,000
Paid-in capital in excess of par : $31,000 - $26,000 = $5,000