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m_a_m_a [10]
3 years ago
9

Brad funded a life annuity through installment payments. At age 60, he decided to elect an annuity settlement option and to begi

n to receive payments. Which of the following life income options will provide Brad with the highest monthly income?
A) life annuity (no refund)
B) life income with payments guaranteed for 5 years
C) life income with payments guaranteed for 10 years
D) installment refund annuity
Business
1 answer:
Ratling [72]3 years ago
3 0

Answer:

A) life annuity (no refund)

Explanation:

The other option will be lower as there are premium on the fact Brad may die in the next few years and  thus; and acquaintance will take either the guaranteed payment or the refund in the annuity.

As the first option doesn't allow for this, it will provide the highest monthly income to Brad.

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The VALS framework
Scrat [10]

Answer:

The VALS framework examines the intersection of psychology, demographics, and lifestyles.

Explanation:

The VALS system (Values ​​and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:

-Principle-oriented consumers. They buy taking into account "how the world should be".

-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.

-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.

In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.

8 0
3 years ago
Ernest Burns, Orlando summemour, and randy Hatcher formed swi Partners, a general partner- ship. J. t. turner Construction Compa
SpyIntel [72]

Answer:

Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE

Explanation:

What is Partnership

Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.

Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business

Were Summemour and Hatcher Liable?

This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.

A partner becomes liable especially for a prior judgment based on the following

1. The partnership has proven indebtedness

2. A general partner in the partnership was sued to court

Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE

6 0
3 years ago
What is the difference between a public and a private corporation?
viva [34]

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

6 0
4 years ago
As a(n) ________, Katerina might tend to more honestly reveal her thoughts and feelings, bedramatic in her conversational tones,
Inessa05 [86]

Answer:

<u>Russian.</u>

Explanation:

This is a purely cultural question. Some countries like Brazil, Spain, Italy, Egypt and Russia have a culture focused on communication and expression of true emotions. People are encouraged to express their thoughts and feelings more consistently so that their personality is unobtrusive, which means that such individuals have more dramatic and nonverbal language in communication, greater spontaneity and excitement.

6 0
3 years ago
Im asian lololololololol
qaws [65]

Answer:

nice nice nice, nice pfp lol-

8 0
3 years ago
Read 2 more answers
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