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Degger [83]
3 years ago
5

Rudolph overhears Macy's plans to go skydiving over spring break. Not really knowing Macy, but figuring it's worth a chance, Rud

olph rushes out and buys an insurance policy for $100,000 on Macy's life. Macy does in fact meet her demise jumping out of the airplane. Rudolph can collect the $100,000.
A. True
B. False
Business
1 answer:
borishaifa [10]3 years ago
5 0

Answer:

False.

It wasn't stated if the life insurance covers risky hobbies/activities like skydiving

Explanation:

In this scenario Rudolph does not know Macy. Most likely they are not related for him to tender Macy's death certificate in fulfillment of the requirements for payment.

Delays to payouts may also arise if:

The insured party died during the course of illegal activity such as driving under the influence.

The insured party lied on the policy application.

The insured omitted health issues or risky hobbies/activities like skydiving.

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The Pioneer Company has provided the following account balances: Cash $38,000; Short-term investments $4,000; Accounts receivabl
mart [117]

Answer:

$48000

Explanation:

Given: Accounts payable $30,000;

         Accrued liabilities payable $4,000;

         Short-term notes payable $14,000.

Current Liability: It is a financial obligation of the company that need to be paid in a short period of time, within one year or within normal operating cycle.

Now, computing current liabilities from the given information.

Current liability= Account\ payable+ Accrued\ liabilities\ payable+ Short-term\ notes\ payable

⇒ Current liability=  \$ 30000+\$4000+\$ 14000

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Hence, Pioneer's total current liabilities is $48000.

6 0
3 years ago
The law of comparative advantage says that a person should produce a good if he or she: a. ​has an absolute advantage in a relat
Orlov [11]

Answer:

Option (b) is correct.

Explanation:

According to the law of comparative advantage, a person or a country has a comparative advantage in producing a commodity if the opportunity cost of producing that good as compared to the other commodity is lower than the other country.

For example:

There are two countries; Country A and Country B. There are two goods to be produced; Computer and bottles.

Suppose the opportunity cost of producing a computer in Country A is 4 bottles and the opportunity cost of producing a computer in Country B is 6 bottles.

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6 0
3 years ago
A clothing company is considering raises for employees. The raises are based on job performance. Based on the table, which emplo
lana66690 [7]

Answer:

Employee B

Explanation:

I say this answer mainly because it says based on Work Performance, which is the key to this problem. It doesn't matter where they went to school if its not based on education.. Employee B had the better productivity

7 0
3 years ago
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Which of the following analytical techniques is designed to output the best decision?
navik [9.2K]

Answer:

Prescriptive analytics      

Explanation:

Prescriptive Analytics refers to the data analytics field that specializes on determining the best approach in a situation, based on the data accessible. It is linked towards both descriptive analytics as well as predictive analytics yet highlights valuable insights rather than data analysis.  

Prescriptive analytics collects information with its systems from either a range of descriptive or predictive databases and relates it to the choice-making process. It involves mixing existing conditions with alternative actions to evaluate how well the outcome would be influenced by each.

It can also assess the effects of judgment, based on various potential future situations. The discipline draws inspiration from applied mathematics, using a number of statistical techniques to construct and re-create potential judgment trends that could have different effects on an entity.

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3 years ago
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