The given statement is FALSE.
Explanation:
This is an example of adverse selection.
Adverse selection applies to a case in which the purchasers and distributors of the insurance policy don't have the same details at their fingertips. A typical definition of health insurance is where a person wants to learn if he is ill and in need of health coverage before paying for a health insurance package.
Examples of adverse selection in life insurance involve cases when a person with a high-risk career, such as a racing car driver or someone dealing with weapons, obtains a life insurance policy without the need for an insurance provider realizing that they have a risky position.
Answer:
c
Explanation:
it doesn't make sense to be a function of money
A job shadow usually lasts one day, but there are cases when they could last several days to give you a more in-depth look at a certain career or company.
Answer:
The answer is Lola should acknowledge a $3,000 from this distribution.
Explanation:
From the question given, we say that, Lola should acknowledge a $3,000 from this distribution.
Recall that
The Cash Distributed cash = $ 25,000
The Basis in this ownership of interest is = $22,000
The Gain = $3,000
Lola basis after the distribution is zero.
Therefore Lola should accept this distribution of a $ 3000
