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topjm [15]
3 years ago
8

What is the benefit of purchasing a generalized insurance policy?

Business
2 answers:
Semenov [28]3 years ago
5 0

Answer:

The correct answer is letter "B": rules out buying extra policies in the future.

Explanation:

General insurances provide coverage in almost every field such as automotive, home, health, travel and so on but, it does not provide insureds any benefit in front of death. In that sense, insureds do not need to purchase one insurance per each field. They would suppose to need only life insurance in addition to general insurance.

Alika [10]3 years ago
4 0
<span>The benefit of purchasing a generalized insurance policy is that </span><span>rules out buying extra policies in the future. This will help the consumer to have a peace of mind because the consumer will be assured that they will get something out of this in the future.</span>
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26. Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par val
maksim [4K]

Answer:

2.11%

Explanation:

From the information given; we use the Excel spreadsheet to compute the  difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).

From the diagram; we will see that the

YTM(Yield to maturity) = 8.91%

YTC(Yield to call).= 6.81%

Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%

the difference between this bond's YTM and its YTC = 2.11%

7 0
3 years ago
There is only one accepted format for a formal business letter.<br><br> True<br> False
Dimas [21]

False, there are more than one accepted letter format.

Let's get further into learning this:

There are two basic groups, The Block Format and The Various Indented formats.

Stay Happy!

7 0
3 years ago
Gerard, an adult, contracts with Communiserve to purchase, in installments over a period of five years, a very large quantity of
Ganezh [65]

Answer:

a. Gerard’s contract is voidable at his option while it is entirely executory.

Explanation:

In the United States of America, one of the most widely used recognized and most cited legal treatises is the Restatement of Contracts. It allows legal luminaries (judges and lawyers) to have a general understanding of non-binding authorities in contract or common law.

According to the Restatement (second) of Contract, voidable contract is one where one or more parties have the power, by a manifestation of election to do so, to avoid the legal relations created by the contract, or by ratification of the contract to extinguish the power of avoidance.

Hence, under the Restatement, Gerard’s contract is voidable at his option while it is entirely executory.

63. In most states, whether the time within which a minor disaffirms a contract constitutes a reasonable time is determined by the fact and circumstance of the case.

5 0
3 years ago
In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 650 uni
Triss [41]

Answer: Average unit cost=$5.800 per unit

Cost of Ending inventory =$3,190

Explanation:

Average unit cost

First purchase= 650 units x $4=$2,600

Second Purchase=750 units x $6 =$4,500

Third Purchase=    850 units x $7 = $5,950

Total Cost =                                     $13,050

Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit

Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190

(using the average cost method)

7 0
3 years ago
This year, Napa Corporation received the following dividends: KLP Inc (a taxable Delaware corporation in which Napa holds an 8%
murzikaleks [220]

Answer:

$147,500

Explanation:

Computation of Napa's dividends-received deduction

Napa is said to holds less than 20% stock interest in KLP Inc which means that the dividends received deduction in the case of dividends received from KLP would be 50%.

And in case of dividends received from Gamma, the dividends received deduction would be 100% reason been that KLP holds more than 80% of the stock interest in Gamma.

Hence:

Napa’s dividends-received deduction will be:

= ($55,000 x 50%) + $120,000

=$27,500 +$120,000

= $147,500

Therefore Napa's dividends-received deduction will be $147,500

7 0
3 years ago
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