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
ololo11 [35]
3 years ago
15

Bob and Barbara Castle are each 39 years old and have sought your advice with regard to their financial affairs. Bob is a school

administrator making $75,000 per year and Barbara is not employed outside of the home. The Castles' net worth is approximately $190,000. They have three kids, ages 6, 10, and 14. You have determined that the Castles currently have adequate life, health, auto, and homeowner's insurance. Which of the following forms of insurance is likely to fulfill their highest-priority remaining risk-management need?
Business
1 answer:
larisa [96]3 years ago
8 0

Answer:

The question is not complete. However, the concluding part of the question is  the options which are:

(a) Disability income insurance

(b) Long-term care insurance

(c) Major medical insurance

(d) Mortgage insurance

(e) Umbrella liability insurance

The correct option for the question is A. Disability income insurance.

Explanation:

Given that:

  1. Bob earns $75,000 and Barbara is unemployed.
  2. The castle's net worth is approximately $190,000
  3. They have three kids.

To fulfill their highest-priority remaining risk management need, <em>Disability income insurance</em> is needed.

This is because, if Bob were injured or ill and could not work, it will greatly affect the financial situation of the family. Hence the need for the insurance.

You might be interested in
The Argentine government has recently been imposing heavy trade restrictions. Taxes on exports are a major source of revenue for
kati45 [8]

Answer:

The correct option is "B"

Explanation:

The burden substantial exchange limitation by The Argentine government cause to upset exchange and influences imports Due to prohibitive arrangement exchange it builds the expense of bringing in products and causing to diminish in supply in Argentinean advertise Before the exchange limitations, the market was working effectively, and was overwhelmed with imported merchandise because of the exchange limitations, import merchandise decays because of increment in cost.

3 0
2 years ago
Read 2 more answers
1- In 2013, Walmart decided to enter the Indian market in a joint-venture with Bharti Enterprises. Based upon your analysis of W
Ivahew [28]

Answer:

1- Walmart wanted global expansion and it availed the opportunity to expand its business by entering Indian market, however the Indian market is far different than the US market that is why a joint-venture was required to enter the different market as Bharti Enterprises was already operating in Indian market.

2- To enter a new market Joint-venture will be suitable because:

In acquisition the investor acquires all the shares of an existing organisation in this way the investor will not be able to operate with the same name as in other markets as the organisation whose shares are purchased already will have a name which if changed all the goodwill will be lost. In a Joint venture the investor and a local investor invests together to form a different organisation, in this method the organisations jointly own a newly formed organisation in which they both jointly decide the name and the local investor have knowledge about the local market which can be helpful if the customer taste is different than the investors market. In a Greenfield investment the investor purchases shares and bonds of an organisation already operating in the targeted market, in this way the investor will not be able to operate with the same name as in other markets as the organisation whose shares are purchased already will have a name which if changed all the goodwill will be lost.

Explanation:

1- Walmart wanted global expansion and it availed the opportunity to expand its business by entering Indian market, however the Indian market is far different than the US market that is why a joint-venture was required to enter the different market as Bharti Enterprises was already operating in Indian market.

2- To enter a new market Joint-venture will be suitable because:

In acquisition the investor acquires all the shares of an existing organisation in this way the investor will not be able to operate with the same name as in other markets as the organisation whose shares are purchased already will have a name which if changed all the goodwill will be lost. In a Joint venture the investor and a local investor invests together to form a different organisation, in this method the organisations jointly own a newly formed organisation in which they both jointly decide the name and the local investor have knowledge about the local market which can be helpful if the customer taste is different than the investors market. In a Greenfield investment the investor purchases shares and bonds of an organisation already operating in the targeted market, in this way the investor will not be able to operate with the same name as in other markets as the organisation whose shares are purchased already will have a name which if changed all the goodwill will be lost.

4 0
2 years ago
Sam, the owner of a toy store, dies unexpectedly at the age of 56. His lifelong business associate, Paul, is appointed the admin
Nostrana [21]

Answer:

b. An oral statement such as this is not enforceable because it is outside the Statute of Frauds.

Explanation:

The statute of frauds (SOF) is a legal concept that requires certain types of contracts to be executed in writing. Among others, these typically include those for the sale of land, of any goods over $500 in value, and contracts of a year or more in length.

The contracts that must adhere to the statutes of fraud are Collateral contracts in which a person promises to answer for the debt or duty of another, or guaranty contracts are required to be written. Prenuptial agreements and promises made in consideration of marriage must adhere to the statute of frauds.

3 0
3 years ago
Bob is a summer intern in an office. His boss asks him to organize a storage room filled with old contracts that must be held fo
Nutka1998 [239]

Answer:

The correct answer is (d) email.

Explanation:

Email is a form of written communication between people through digital tools. Also called email or e-mail (for its meaning in English electronic mail), it is one of the most popular means of digital communication and can be used by anyone who has access to the internet.

In this case, Bob must use a means of communication that ensures that he will not interrupt his boss's meeting. In addition, it is practical because an immediate response can be given without having to pass authority filters.

4 0
3 years ago
Currently, the spot exchange rate is $0.85/A$ and the one-year forward exchange rate is $0.81/A$. One-year interest is 3.5% in t
yarga [219]

Answer:

B) $42,035

Explanation:

Calculation to determine How much can you realize certain profit in U.S. dollar terms

First step is to calculate the repayment liability after one year

Repayment liability = (A$1,176,471 × 1.042)

Repayment liability = A$1,225,882.78

Second step is to determine the investment yield

Investment yield = $1,000,000 ×(1+.035)

Investment yield = $1,000,000 × 1.035

Investment yield= $1,035,000

Third step is to convert the investment yield into A$ at the forward rate of the amount of $0.81

A $ to yield = $1,035,000 ÷ 0.81

A $ to yield= A$1,277,778.22

Now let determine How much can you realize certain profit in U.S. dollar terms

Arbitrage Profit=(A$1,277,778.22-$1,225,882.78)×0.81

Arbitrage Profit= A $51,895.44 × 0.81

Arbitrage Profit = $42,035

Therefore How much can you realize certain profit in U.S. dollar terms will be $42,035

3 0
2 years ago
Other questions:
  • Gloria is saving for her daughter’s college education. She wants to have $100,000 available when her daughter graduates from hig
    7·1 answer
  • When Moon Star Products Inc. planned to start its operations in United Cadvia, an emerging nation, it realized that it will have
    12·1 answer
  • Check my work Check My Work button is now disabledItem 5Item 5 6 points The aftertax cost of debt: Multiple Choice varies invers
    13·1 answer
  • During 2019, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset
    10·1 answer
  • Laser World's income statement reported total revenues of $860,000 and total expenses (including $40,500 depreciation) of $740,0
    11·1 answer
  • Which of the following trends has been observed in the world population in terms of aging? A) As nations have advanced economica
    10·1 answer
  • 10. Studying data with the goal of discovering new information to aid decision-making is
    12·2 answers
  • charles was a relatively new and inexperienced leader assigned to an experienced workgroup with long-standing performance norms
    13·1 answer
  • Assuming noah made 6-month payments on its wood purchases from indonesia, what is the schedule of foreign currency amounts over
    9·1 answer
  • In 2010, some bottles of a competitor’s kombucha were bubbling and leaking at a whole foods in texas. Test results revealed that
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!