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insens350 [35]
4 years ago
7

On its advertisement, a company claims that it has funds in its possession that are, in fact, not available for the payment of l

osses or claims. The company is guilty ofRebating.Misrepresentation.Concealment.Unfair claim practice
Business
1 answer:
trapecia [35]4 years ago
3 0

Answer:

Misrepresentation

Explanation:

Misrepresentation -

It refers to the incorrect practice of some wrong statement by the company , in order to obtain some profit , is referred to as misrepresentation .

The method is employed to fool the consumers , by wrong interpretation of some statement .

Hence , from the given information of the question,

The correct option is  Misrepresentation .

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Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?
denis-greek [22]

Answer:

See explanation section

Explanation:

Municipal security from which an investor will receive a return on investment from an initial principal is called a capital appreciation bond. However, in this security, the return on investment will be reinvested further until the security matures at a specific rate. The primary purpose of the CABs is to permit the local authority to generate revenue. Due to the financing in the innovative project without increasing the tax is one of the controversial ways for local governments to finance projects. Another controversial way is to owe investors more than what they acquired.

8 0
3 years ago
The service profit chain is the service sequence from employees to customers to profit. According to this concept, the company's
Serga [27]

Answer:

Explanation:

7 0
3 years ago
Which of the following is an objective of capital budgeting?
polet [3.4K]

Answer:

C. To earn a satisfactory return on investment.

Explanation:

The objective of the capital budgeting is that the company should have to do the investment in that thing which should be profitiable. In this, the company have the options i.e. either it selects the better investment or proposal for the enterprise

So as per the given situation, when the return on the investment is earn and it becames satisfactory so this represent the capital budgeting objective

Hence, the option c is correct

5 0
3 years ago
All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group
miv72 [106K]

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

5 0
3 years ago
Are you dreaming of buying your own car, visiting a new city or learning a language— but aren’t sure how to get there? The key t
Alekssandra [29.7K]

Answer:

The steps to reaching your goals are:

Step 1: What is your goal?

Step 2: What is your why?

Step 3: What will it cost you?

Step 4: What is your action plan?

Step 5: How will you stick to the plan?

Explanation:

Step 1: What is your goal?

You have to be clear on what you want. Take for instance, you dream of buying your own car, write it down.

Step 2: What is your why?

State reasons why you need a car of your own. Is it for business runs or to aid your movement? you have to specify all the reasons.

Step 3: What will it cost you?

Do a market survey for best prices and car options.

Step 4: What is your action plan?

Can you afford it immediately or would you prefer to save up, pay in installments, etc

Step 5: How will you stick to the plan?

Give yourself targets according to your action plan and put yourself in check to ensure that you stick to the plan.

5 0
4 years ago
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