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Tanya [424]
4 years ago
13

If a policyowner unintentionally pays premiums in excess of the MEC guidelines, the excess premium can be refunded by the insure

r within 60 days after the ________.
Business
1 answer:
dangina [55]4 years ago
5 0

Answer:

End of the contract year.

Explanation:

Calendar year deductibles (and refunds) operate on a regular calendar year basis, starting on January 1st and ending on December 31st. Generally refunds should be made during January and February of the next year.

If the policy works on a plan year basis, both the deductibles and the refunds will be based on the renewal date of the policy, and not the calendar year basis.

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The amortization of a premium on bonds payable: A) has no effect on the cash payments for interest reported in the operating act
Aleks [24]

Answer:

A) has no effect on the cash payments for interest reported in the operating activities section of the statement of cash flows

Explanation:

The amortization is an accounting method to match the difference in the nominal interest rate of bonds with the real interest rate the bond is yielding.

Th cash flow statment will just recognize the cash proceeds, which are calculate base on the face value, regardless of the premium or discount in the bond.

6 0
3 years ago
Defendant Mcpherson owned property adjacent to the first presbyterian church and wanted to build a gas station on the property.
SCORPION-xisa [38]

The court did not uphold the injunction because the property on which Mcpherson wants to build the Gas station that belongs to Mcpherson has the right to build a gas station on that so Mcpherson challenged this decision any upper court.

<h3>What is an Injunction?</h3>

An injunction is a legal order requiring a person or entity to either cease doing or else start doing some specific action or task.

Thus, in this case, Mcpherson can challenge the lower court's decision in the upper court that prevents him from making a gas station on land that belongs to him.

Learn more about Injunction here:

brainly.com/question/18635611

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5 0
2 years ago
Which industry constitutes a larger share of gni for most countries in the region?
Thepotemich [5.8K]

Urban-based industrial and service economies constitutes a larger share of GNI for most international locations in the region.

<h3>Which world areas has the greatest attention of low earnings countries?</h3>

Low-income economies are exceptionally observed in Asia and Africa, the place most of the world's populace lives (World Bank 2011).

<h3>Is GNP and GNI same?</h3>

GNP deducts the phase that leaves the country and offers a more significant indicator of the Irish economy. Gross National Income (GNI) is a comparable measure to Gross National Product. The distinction between them are the subsidies the European Union (EU) pay to us, and the taxes we pay to them.

Learn more about GNI here:

<h3>brainly.com/question/11676259</h3><h3 /><h3>#SPJ4</h3>
8 0
2 years ago
If Hazel decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in her organization, dur
statuscvo [17]

Answer: Planning

 

Explanation: Planning refers to the process of setting goals and procedures and determining the need of resources to accomplish those goals.

In the given case, Hazel has already set her goal of providing the best ice cream in the market. Now she needs to set the procedures of how she can do so in an ethical manner. She has to determine the processes and rules she need to make to achieve the objective of ethical culture in her organisation.

Hence from the above we can conclude that in the planning phase.

8 0
3 years ago
Darren is eligible to contribute to a traditional 401(k) in 2019. He forgot to contribute before year-end. If he contributes bef
Irina18 [472]

Answer:

True

Explanation:

Base on the scenario been described in the question which, Darren was eligible to assist to a traditional of 401,000 in 2019, but we were told he forgot and later he paid in 15, June 2020, he is look as though he paid in 2019 because and it is true.

The reason why the answer is true is that Darren is that the time he paid the money in July 15, 2020, it was still within the time he allowed to still pay for the year 2019, that's why he considered as though he paid in 2019.

5 0
3 years ago
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