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3 years ago

An insurance company receives an application with some information missing and issues the policy anyway. What is this called?

Business

1 answer:

AnnyKZ [126]3 years ago

6 0

Answer:

The correct answer to the following question is Waiver .

Explanation:

The term waiver can be defined as a legally binding provision , in which either of the parties entered in a contract , in their own free will forfeits a claim, and other party would not be liable. These waivers can be in written from or in some sort of action. Here the insurance company has removed the potential liability of the person who has filled the application form.

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The par value or stated value of stock represents the amount of legal capital that a corporation must maintain for the protectio

ohaa [14]

Answer:

True

Explanation:

This is the value of stock or share that was set by the owners of a corporation at the point of registration of the company. It is the price that is stated in the corporation's article of association and also in the share certificate. The par value of a share has no relationship with the market value as they can be far apart.

The par value is a value specified by law for the protection of the people who might want to extend credit to the corporation.

6 0

3 years ago

A consumer downloads 4 movies and 3 apps per week. Suppose the price is $4 per movie and $4 per app, and the marginal utility th

77julia77 [94]

Marginal utility will be calculated for movies by: 14/(4*4) which would mean 0.875 utils per dollar per movie. Whereas, for apps, it would be: 8/(3*4) which would mean utils per dollar per app to be 0.667. Hence, movies tend to carry higher utility.

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3 years ago

All of the following statements are true EXCEPT:_________.

ale4655 [162]

Answer:

D. the demand for Nike running shoes is less elastic than the demand for shoes.

Explanation:

In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes

So, the option d is correct

6 0

3 years ago

The purpose of a memo is to _____.

Alenkasestr [34]

The purpose of a memo is to communicate directions, advice, or information.

3 0

3 years ago

A _____ _____ is similar to a bond payable but is normally transacted with a single lender such as a bank

777dan777 [17]

A note is transacted through a single lender but it is similar to a bond payable.

<h3>What are bonds?</h3>

Bonds are the trading securities in the stock market which provide a constant amount of interest to the holder of bonds.

A note is a kind of debt where one party, that is, the payer agrees to pay back against the amount taken from the other party, that is, the lender. In the case of bonds, they are issued by companies to a large group of investors, called bond investors. Both are debts but contrasted on the basis of a number of lenders.

Therefore, the bond payable is similar to the note but differentiated due to the involvement of only one lender.

Learn more about the bonds in the related link:

brainly.com/question/14064867

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6 0

2 years ago