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3 years ago

What type of consideration does the proposed insured offer to an insurance company?

Business

1 answer:

tigry1 [53]3 years ago

7 0

Answer:

the payment of the insurance premiums

Explanation:

Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.

In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.

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A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of i

Pavlova-9 [17]

Answer:

true

Explanation:

The exchange rate is the rate at which one currency is exchanged for another currency

If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.

As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation

6 0

3 years ago

Question 6 of 10

AlexFokin [52]

Answer:

C. A price reduction that a producer gives to resellers to encourage

them to promote products

Explanation:

bcuz that's what advertising allowance is

3 0

2 years ago

Pharoah Company purchased $2600000 of 8%, 5-year bonds from Sheridan, Inc. on January 1, 2021, with interest payable on July 1 a

kobusy [5.1K]

Answer:

$75,260

Explanation:

Calculation for What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity

Using this formula

Comprehensive income/separate component of stockholders' equity=Fair value-(Sales of bonds-July 1, 2021 Amortized premiums-December 31, 2021 Amortized premiums)

Let plug in the formula

Comprehensive income/separate component of stockholders' equity=$2,780,000 - ($2,724,740 - $9,820 - $10,180)

Comprehensive income/separate component of stockholders' equity=$2,780,000-$2,704,740

Comprehensive income/separate component of stockholders' equity= $75,260

Therefore What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity is $75,260

8 0

2 years ago

1. Use the accounting equation to solve for equity. 2. If next year assets increased by $ 4 comma 200 and equity decreased by $

Paul [167]

Answer:

Amount of Total Liabilities = $6,780

Explanation:

We know that the standard accounting equation is as follows:

Assets = Liabilities + Equity

As with an "=" sign in the equation the left and right side always remains equal.

Thus, for the information provided we have

Increase in assets by $4,200

Decrease in equity by $2,580

Therefore, putting values in equation we have,

+ $4,200 = Liabilities - $2,580

Therefore,

$4,200 + $2,580 = $6,780 = Liabilities

Since the value is positive, there is an increase in value of liabilities by $6,780

5 0

3 years ago

A resource's ________ is the additional output that can be produced by adding one more unit of a specific input, ceteris paribus

ZanzabumX [31]

Answer:

The correct answer is: marginal product; average product of labor

Explanation:

Marginal product of a resource or input can be defined as the increase in output because of employing an additional unit of that resource or input.

It can be calculated by the ratio of change in output to change in input.

The variable factor in the short run is labor. Average unit produced by each labor unit is termed as the average product of labor.

It is calculated by the ratio of total output to quantity of labor employed.

4 0

3 years ago