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laila [671]
3 years ago
15

If two individuals are licensed in the same line with two different companies join together to sell a policy, the commission can

be:
A. Shared between the two agents and the insuredB. Paid only to the agent who initiated the saleC. Withheld by the insuring company since this is an illegal practiceD.Shared between the two agents
Business
1 answer:
NISA [10]3 years ago
4 0
<h3><u>Answer:</u></h3>

The commission can be shared between the two agents.

<h3><u>Explanation:</u></h3>

Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared  between the agents.

This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.

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g . Kings Donut Inc common stock sells for $39.86 a share at a market rate of return of 9.5%. The company just paid its annual d
Simora [160]

6.29% is the rate of growth

<u>Explanation:</u>

<u>The following formula is used </u>

Price = D1 / ke -g

39.86 = 1.2 multiply with (1 + g) / 0.095 - g

3.7867 – 39.86 g = 1.2 + 1.2 g

2.5867 = 41.06 g

Now, we have to calculate the value of g  

g = 2.5867 divide 41.06

= 0.0629  

= 6.29 %

Where:

G = growth, ke = market rate of return, D1 = dividend ( annual), P = price of the share of company

7 0
3 years ago
Parsley, a world-famous chef, signs a contract to give lessons in French cooking to Curry. Parsley wants to transfer his duties
Margarita [4]

Answer:

C. <u>not valid because performance depends on Parsley's personal skills</u>

Explanation:

A valid contract refers to an agreement entered into by parties which legally binds both parties and is enforceable under the law.

For a contract to be termed as valid, it must be performed by the parties to it.

Performance clause in a valid contract refers to doing or acting in a way as is required by the terms of the contract.

In the given case, Parsley signed a contract to provide services i.e provide French cooking lessons to Curry. Later, Parsley wants to transfer his duties to Relish.

The transfer will not be valid since the performance i.e service to be provided by Parsley are of personal nature and the consideration is based upon that. No two individuals can provide exact services.

8 0
3 years ago
Multi-product branding is:_______.
Elan Coil [88]

Answer:

b. a branding strategy in which a company uses one name for all of its products in a product class.

Explanation:

Multi-product branding is a branding strategy in which a company uses one name for all of its products in a product class.

Multi-product branding is a business strategy widely used by manufacturers, it involves producing and selling multiple products using the same brand name for all.

For instance, Pears may have Pears diapers, clothing lines, lipstick ranges, shoes, body lotions, eye shadow, foundation etc. They are all different products manufactured and all branded as Pears.

The merits and advantages of Multi-product branding is high brand awareness, low promotional and advertising costs, and brand equity return.

8 0
3 years ago
Why are small businesses an important part of the American economy
sineoko [7]
Because small business actually do more and got more stuff going on
5 0
3 years ago
Do anybody know how to do the mega mogul project on knowledge matters ? Make over 30 million dollars pls help
ziro4ka [17]

Based on the business management analysis, to do the mega mogul project on knowledge matters requires following specific steps, which begin with "<u>detecting the opportunity."</u>

<h3>What is the Mega Mogul Project?</h3>

Mega Mogul Project is a business project whereby individual starts with one location and continue to grow and expand their entrepreneurial conglomerate to numerous businesses and several locations.

<h3>Some other steps to take when conducting a mega mogul project on knowledge matters are:</h3>
  • Market Research
  • Creating a Business Plan
  • Raising Money & Financials
  • Building a Team
  • Acquiring Resources
  • Going to Market
  • Operations & Feedback
  • Shark Project
  • Business Plan Project
  • Mega-Mogul Project.

Hence, in this case, it is concluded that various steps are involved when carrying out a mega mogul project on knowledge matters.

Learn more about Mega Mogul Project here: brainly.com/question/9961724

5 0
2 years ago
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