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3 years ago

All of the following insurance placements would be considered controlled business, EXCEPT:_______

Business

1 answer:

sesenic [268]3 years ago

5 0

Answer:

A producer places a property insurance policy on the home of his uncle.

Explanation:

The controlling producer Places insurance only with the controlled insurer, or only with the controlled

insurer and a member or members of the controlled insurer’s holding company system, or the controlled insurer’s parent, affiliate or subsidiary and receives no

compensation based upon the amount of premiums written in connection with such insurance; and accepts insurance placements only from non-affiliated subproducers, and not

directly from insureds; and the controlled insurer, except for insurance business written through a residual market

facility accepts insurance business only from a controlling

producer, a producer controlled by the controlled insurer, or a producer that is a

subsidiary of the controlled insurer.

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A 3-year insurance policy costing $1,164 is taken out november 1, 1995. the property was sold on may 15, 1996, and the day of cl

Debora [2.8K]

To solve: If we assume there are 30 days in the month then the policy was held by the original owner from November 1st – May 15th which is 195 days. Assuming there are 30 days in the month there are 360 days in the year and that is equal to 1,080 for the insurance policy. If we divide the price of the policy, $1,164 by the amount of days the policy will be held for 1,080 then the policy is worth $1.08 a day. Next, take the amount of days the original owner held the policy and multiply it by the amount per day the policy costs (195)($1.08) = $210.60 Then, we need to subtract $210.60 from the full cost of the policy ($1,164 - $210.60) = $953.40 The buyer should pay the seller $953.40 at closing.

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2 years ago

One form of online vandalism is __________, in which individuals interfere with or disrupt systems to protest the operations, po

Andrew [12]

Answer:

Hacktivist

Explanation:

Online vandalism is the defined as when the content of the website us changed without any prior approval or the without any approval of the person. There are many reasons for the websites could be vandalised.

And one of the main issue which motivated the hackticism or hacking, which is usually used in order to draw the attention for the political cause. The hacktivism could involve the electronic graffiti which vandalises the web pages or the websites of the business or person.

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2 years ago

To influence performance and satisfaction of subordinates, it is not recommended that the leader reduce frustrating barriers to

Stells [14]

Answer:

False

Explanation:

The reason is that the leader must always be guider in times of difficulty for the subordinates otherwise it would be more time consuming and would increase the cost to the company. The leaders are always adviced to help and train their team members to increase their productivity because experience and understanding of problem solution brings productivity.

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2 years ago

Why irish lions rugby playing with Japan?

Arisa [49]

Answer:

I expect the answer in the following form

Explanation:

Irish lions play with Japan to get better and learn new things

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2 years ago

A publisher faces the following demand schedule for the next novel from one of its popular authors:

enyata [817]

Answer and Explanation:

The completion of the second, fourth, and fifth columns of the given table is to be shown in the attachment below:

As we know that

Profit = Total revenue - total cost

Total revenue is the revenue earned by the company by multiplying the price with the quantity demanded

While the total cost is

= Fixed cost + variable cost

The marginal revenue comes from

= Change in total revenue ÷ change in quantity

We simply use these formulas in the spreadsheet below.

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2 years ago