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leva [86]
3 years ago
9

Which of the following non options would be automatically implemented by the insurer of the other options has been selected by t

he policyowner ?
A. Reduced paid-up insurance
B. Cash surrender value
C. Interest only
D. Extended form
Business
1 answer:
polet [3.4K]3 years ago
7 0

Answer:

D. Extended form

Explanation:

The extended form is a non forfeiture option which is included to extend the coverage for a limited period of time upon the failure of the policy holder to pay the premiums. Here, the policy holder stops to pay the premiums but keeps the full amount of the policy in force for whatever term the cash value permits.

It is the default non-forfeiture option that is, it is automatically implemented.

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Answer:

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Explanation:

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8 0
3 years ago
You sell short 600 shares of Microsoft that are currently selling at $25 per share. You post the 40% margin required on the shor
svet-max [94.6K]

Answer: 10%

Explanation:

Short sale of 600 shares at $25 will yield:

= 600 * 25

= $15,000

You posted 40% of this:

= 40% * 15,000

= $6,000

The profit in a year seeing as the price fell is:

= (25 - 24) * 600 shares

= $600

Rate of return is:

= Profit / Margin posted

= 600 / 6,000 * 100%

= 10%

8 0
3 years ago
Stefanie opens a checking account at her neighborhood bank and writes a check on her account. The legal relationship between Ste
Bingel [31]

Answer:

c. An agency relationship

Explanation:

An agency relationship is a mutual relationship, in which one person (i.e the principle ) gives a permission to an agent so as to act on their behalf.

In this relationship the agent must consent to the instructions of the person i.e the principle.

Here in the question, Stefanie acting as Principal who has directed the agent (which is the bank in the given case ) to execute a task.

3 0
3 years ago
Economists are concerned with an individual's wants because 1. wants always lead to shortages in the economy. 2. needs because e
trasher [3.6K]

Economists are concerned with an individual's wants because wants because the existence of wants leads to scarcity.

<u>Explanation:</u>

Wants are the wishes of the human beings. It is the desire that is to be achieved by human beings. Every individual wants something in life for the survival. The wants of human beings has led to the technology advancements and discovery of many new things.

Wants are never ending things in human life. When something is achieved and there arises another want to be achieved again. This is to live better and this betterment will be never ending one, hence, economists view wants of individuals to lead to scarcity.

4 0
3 years ago
True or False: In a competitive labor market, increasing the minimum wage always raises the number of employed workers.
Brrunno [24]
I believe it’s true
4 0
3 years ago
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