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Mumz [18]
3 years ago
6

Ordinary life insurance involves policies marketed on an individual basis, on which policyholders receive a lump sum payment at

maturity of the policy.
True/False
Business
1 answer:
Karolina [17]3 years ago
4 0

Answer:

The statement is: False.

Explanation:

Life Insurance is a financial contract that protects an individual's dependents in the case of his or her death. In life, the policy holder makes payments on a regular basis -typically monthly- to be covered and selects who the beneficiaries will be if he or she passes away. The beneficiaries receive a lump sum of payment only in front of that event.

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Which of the following generalizations about services is INCORRECT? options: Service facilities must be designed for good custom
ipn [44]

Answer:

Service facilities must be located close to suppliers and laborers.

Explanation:

Services, unlike products, are intangible and are not produced or delivered the same way as products are.

<u>While production facilities for products, should be located close to suppliers and laborers, this is not the case with service facilities.</u>

8 0
2 years ago
Gibson valves produces cast bronze valves on an assembly line, currently producing 1600 valves per shift. if the production is i
kakasveta [241]
An increase from 16k to 20k is a 20%increase proportionate to production
4 0
2 years ago
If the real money demand is greater than the real money supply, interest rates must rise to reach equilibrium in the money marke
kondaur [170]

Answer:

2. False

Explanation:

The market for money is like the market for any other good: if demand is higher than supply, then, the price of money (the interest rate), will have to be lowered, so that money becomes cheaper and more abundant, and supply and demand become equal and reach equilibrium.

In this case, the centrla bank needs to lower the interest rates by buying bonds. When the central bank buys bonds, it prints more money that is put in the market, effectively increasing the supply of money, and lowering the interest rate in the meantime.

6 0
2 years ago
A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m
kiruha [24]

Answer:

<u>Omaha would produce a higher Income.</u>

Explanation:

170 Sales revenue per unit

Omaha

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 20 = 150

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

9,400 x 150 = 1,410,000

fixed cost (900,000)

<em>Income 510,000</em>

Kansas City

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 35 = 135

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

10,000 x 135 = 1,350,000

fixed cost (1,000,000)

<em>Income 350,000</em>

4 0
3 years ago
________ occurs when an agency, rather than acting in the public interest, becomes too favorable toward the organized interests
Luda [366]

When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.

<h3>What is regulatory capture?</h3>

In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.

When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.

Find out more on regulatory capture at brainly.com/question/16180695.

#SPJ12

7 0
2 years ago
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