Answer:
win, because Pamela's misrepresentation was not a material fact and did not increase Forever Young's risk in insuring Pamela's life.
Explanation:
A material fact is defined as the rationality of a person making a decision that is important as opposed to one that is trivial or unimportant. It is a fact that if suppressed would have led to a different decision in a particular situation.
Paula will most likely win the case because the lack of disclosure by Pamela of when she had an infected hang-nail removed and her toe treated cannot be linked by a reasonable person to a brain aneurysm.
This lack disclosure would not have increased the risk of Forever Young in Pamela's life insurance.
Answer:
correct answer is top level management
Explanation:
solution
Strategic leadership explicitly relates leadership to the role of top management because Strategic leadership that have potential to express strategic vision for their organization motivate and persuade others to acquire that vision
and that is top level management which made up of the Board of Director and Chief Executive Officer and Chief Financial Officer and President and the Vice President etc
so correct answer is top level management
Answer:
A debit card
Explanation:
A debit card allows customers to make electronic payments to third parties directly from their bank checking accounts. Debit cards eradicate the need to carry cash around. Banks and other major financial institutions issue debit cards.
Debit cards and credit cards have identical looks and are used for making electronic payments. The major difference is that credit cards are a type of credit facility, but debit cards make payments by drawing directly from the customer's account. Debit cards do not attract interests like credit cards. In many instances, debit card payments will not go through if the customer's account has insufficient funds.
Answer:
a. Traditional Income Statement
Sales ($125 x 140) $17,500
Cost of Sales ($60 x 140) <u>($8,400)</u>
Gross Profit $9,100
Salaries ($1,300)
Rent ($1,000)
Sales Commission ($17,500 x 5%) <u>($875) </u>
Net income <u>$5,925</u>
b. Contribution Margin Income Statement
Sales ($125 x 140) $17,500
Less: variable Costs
Cost of Sales ($60 x 140) ($8,400)
Sales Commission ($17,500 x 5%) <u>($875) </u>
Contribution Margin $8,225
Less: Fixed Costs
Salaries ($1,300)
Rent <u>($1,000)</u>
Net income <u>$5,925</u>
Explanation:
a.
Traditional Income statement calculates the gross profit after deducting the cost of goods sold from the revenue. After that it deduct all the operating expenses to calculate the Net Income.
b.
Contribution margin income statement consider all the variable expenses as cost of product cost and calculates the contribution margin, after that the fixed costs are deducted calculate the net income.
The answer in the space provided is the mutual benefit
organizations as this is the one responsible of advancing the members’
interests in which is a voluntary collective. This is an organization or
corporation that are non profited and are being established in ways that will
be of benefit to the people involved.
