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TEA [102]
3 years ago
12

Which of the following terms describes making false statements about the financial condition of any insurer that are intended to

injure any person engaged in the business of insurance?
Business
1 answer:
Marysya12 [62]3 years ago
5 0

Answer:

The answer to this question is Defamation

Explanation:

Defamation refers to any statement (Whether written or verbal) that is untrue and injurious  to any of the parties involved in the insurance business.

A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.

Identifying defamatory statement

  • Statements must be untrue
  • it must be capable of causing damage of injury to person or business.
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trapecia [35]

Answer:

$200 loss

Explanation:

The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200

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3 years ago
Trends established by your competition can provide you with an advantage <br> A. True<br> B. False
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Goods in process inventory account of a manufacturing company that uses an overhead rate based on the direct labor cost has a 4,
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Answer:

Overhead absorption rate

= Overhead absorbed/Actual labour cost x 100

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= 550% of direct labour cost

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Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.

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3 years ago
What is one way we know about what accounting in the ancient world was like?
Degger [83]

Answer:

b

Explanation:

7 0
2 years ago
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Warren and shirley want to avoid having a balance due next year. which of the following can they do
Vinil7 [7]
Warren can submit Form W-4V to have taxes withheld from his Social Security is <span>Warren and shirley want to avoid having a balance due next year. 

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