1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
3 years ago
10

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.

You might be interested in
Identifying and assessing a company’s resource strengths and weaknesses and its external opportunities and threats is called: Se
DiKsa [7]

Answer:

The correct answer is letter "C":  SWOT analysis.

Explanation:

The SWOT (<em>Strengths, Weaknesses, Opportunities, and Threats</em>) analysis is a study that aims to identify the internal and external components that can drive a company to success or failure. Internal components are represented by the strengths and weaknesses of the firm while the external factors are represented by opportunities and threats.

Identifying such company factors allows entities of taking action on time and taking advantage of the chances the market can provide. Usually, these factors are recognized during the project planning stage of the enterprise.

6 0
3 years ago
Harper acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2014, for $243,700 in cash. The book
KonstantinChe [14]
One of the steps in solving this problem is this one:

As we know as shown above, the joournal entry for 2014 and 2015 will include the investment balance, increases and decreases to equity and intra-entity profits realized and deferred. Also the balance of the acquisition needs to be calculated.

Calculation of the book value of the purchase made as the book value of Company K times percent purchased:

400,000 * 0.40 = 160,000

Then, calculate the difference in the acquisition and the book value of the purchase:

210,000 - 160,000 = 50,000
5 0
3 years ago
n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). W
ehidna [41]

Answer:

In the long run, the market will supply any amount of the good at the price where P = min. ATC.

Explanation:

Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.

3 0
2 years ago
if you were in the dry cleaning business whom would you benchmark for their technological innovations
Cloud [144]
If you were in the dry cleaning business you would benchmark  the business itself for their technological innovations
5 0
3 years ago
As of December 31, Bayer, Inc., agrees to provide a bonus of $50,000 to its employees (to be equally shared by all). The bonus w
mafiozo [28]

Answer:

Dec. 31

Dr Bonus expense $50,000

Cr Bonus payable $50,000

Explanation:

Preparation of the December 31 adjusting entry for Bayer.

Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:

Dec. 31

Dr Bonus expense $50,000

Cr Bonus payable $50,000

8 0
3 years ago
Other questions:
  • A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 17%, while stock B has a standard
    6·1 answer
  • Bypassing regular sales channels in favor of Internet retailing can have strong appeal if it A. D) includes partnering rather th
    6·1 answer
  • When the concept of conservation is applied to the balance sheet, it results in (
    8·1 answer
  • A company pays $1,900 for supplies previously purchased on account. Indicate the amount of increases and decreases in the accoun
    12·1 answer
  • Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price $ 13.50 $ 16.75 Variable c
    7·1 answer
  • Difference between money paid to and money received from other nations in trade is called balance of trade.
    6·2 answers
  • DSO and accounts receivable Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding is 71 da
    7·1 answer
  • The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2017, that includ
    6·1 answer
  • The beginning checkbook balance of Shelley Co. was $5,559.10. The bank statement showed a bank balance of $7,888.44. The bookkee
    13·1 answer
  • you have calculated the pro forma net income for a new project to be 45,930. the incremental taxes are 22,260 and incremental de
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!