Replacement rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insurance.
Insurance refers to a type of risk management in which the insurer provides the insured with protection from risks of all kinds - financial, health, accidental, etc.
The insured is also called the policyholder, and he makes a payment called premium to be insured. If the specified event for which the insurance cover is provided takes place, the insurer is bound to compensate the insured financially.
A replacement rule delineates the process in which the premium payments on existing policy is discontinued or forfeited, and a new policy is purchased.
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Assault and battery because Battery is a criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact. In the United States, criminal battery, or simply battery, is the use of force against another, resulting in harmful, offensive or sexual contact.
Answer:
a) it will do 210,000 units of standard
b) 127,500 units of standard
19,000 units of deluxe
Explanation:
Standard Deluxe
Sales 115 135
Variable Cost 50 54
CM 165 189
Constrain resource 0.5 1.5
(machine hours)
CM per constrain 330.00 126.00
a)
As the company can use up to 105,000 machine hours It will use as much as it can in doing Standard model which yield a better contribution of the constrain resource.
105,000 machine hours available / 0.5 hours per standard unit = 210,000 units
As there are 230,000 untis available for Standard we can use the entire capacity for standard and achieve the maximum contribution
b) as there isn't enough demand for standard the compay will do the 127,500 and the rest fill it with deluxe:
105,000 hours - 127,500 x 0.5 = 28,500 hours for deluxe
28,500 / 1.5 hours per unt = 19,000 units for deluxe
The right answer for the question that is being asked and shown above is that: "communication" the term that describes a group of firms cooperating with each other in order to avoid competition is that of <span>communication</span>
Answer:
Lease Equipment $150,000
BUY EQUIPMENT$134,700
Differential Effects-$15,300
The company should choose BUY EQUIPMENT which is Alternative 2
Explanation:
Preparation of the differential analysis dated March 15 to determine whether Laredo Corporation should lease (Alternative 1) or purchase (Alternative 2) the equipment
Differential Analysis
Lease (Alt. 1) or Buy (Alt. 2) Equipment
March 15
Lease Equipment (Alternative 1); Buy Equipment
(Alternative 2); Differential Effects (Alternative 2)
Costs:
Purchase price $0 $120,000 $120,000
Freight and installation $0 $1,500 $1,500
Repair and maintenance (6 years) $0 $13,200.$13,200
($2,200*6=$13,200)
Lease (6 years) $150,000 $0 -$150,000
($25,000*6)
Total costs $150,000 $134,700 -$15,300
Based on the above calculation the company should choose BUY EQUIPMENT which is Alternative 2
