The annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>b. $0. 28 per $100 of value.</em>
Data and Calculations:
Home value = $355,000
Annual premium rate = $0.42 per $100
Deductible $500
Total annual out-of-pocket expense = $1,991 ($355,000 x 0.0042 + $500)
New deductible = $1,000
New annual premium rate = $0.28
Total annual out-pocket expense based on the new premium rate = $1,994 ($355,000 x 0.0028 + $1,000)
Thus, the annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>Option b.</em>
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Answer:
a. A Japanese firm sells its U.S. government securities to obtain funds to buy real estate in Japan.
This contributes to the demand for yen
b. A U.S. import company pays for glassware purchased from a small Japanese producer.
This contributes to the demand for yen
c. A U.S. farm cooperative receives payment from a Japanese importer of U.S. oranges.
This contributes to the supply of yen for foreign exchange
d. A U.S. pension fund uses some incoming contributions to buy equity shares of several Japanese companies through the Tokyo stock exchange.
This contributes to the demand for yen
Explanation:
She should use <u>a </u><u>New contract</u>.
A contract is a legally enforceable agreement that establishes, defines, and controls the mutual rights and obligations between parties. Contracts typically include the transfer of goods, services, money, or promises to transfer at a future date.
In the event of a breach of contract, victims are entitled to legal remedies, including damages and withdrawal. Contract law, the field of law of obligations dealing with contracts, is based on the principle that agreements must be honored.
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Answer:
D. Charged on the buying and selling of stock.
Explanation:
Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.