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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.

You might be interested in
17 Select the correct answer. Which characteristic best describes organizational buying? A. The market contains huge numbers of
Kryger [21]

Answer:

The market contains huge numbers of buyers.

Explanation:

Organization buying is the process through which formal institutions establish the basis for purchasing products or services. It involves identifying, evaluating, and picking the ideal option from the available brands and suppliers. A typical organization will have a team of skilled workers directly or indirectly involved in the buying process.  Businesses that purpose to maximize profits will go the extra mile to get the best deals on their purchases.

Organization buying will involve the participation of many people.  Common characteristics of organization buying are

  • Several people in the organization influence buying
  • The organizational buyers are qualified professionals in purchasing.
  • A lot of purchasing occurs in direct dealing with producers.
  • The purchases are in large quantities
  • Close relationships and service are required.
3 0
3 years ago
In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales tra
fenix001 [56]

Answer:

A relevant account from the chart of accounts

Explanation:

QuickBooks is an accounting software that is designed to assist users with little accounting experience manage their financial records.

Transactions in QuickBooks are classed as products and services. These are mapped to relevant accounts in the chart of accounts.

For example mapping can be done to asset or liability accounts.

When mapping there are three classes products and services can be mapped to:

-Inventory

-Non inventory

-Services

When setting up new product and service the appropriate class is chosen and relevant account is assigned to the product or service.

For example sales tax is mapped by default to sales tax payable account.

7 0
2 years ago
Read 2 more answers
If three sandwiches and two bags of chips cost $22. 00, and two sandwiches and one bag of chips cost $14. 25, how much does a ba
morpeh [17]

A bag of chips will cost $1.25. The price is calculated by making linear equations in two variables and solving them by substitution method.

<h3>What is a linear equation in two variables?</h3>

Linear equation in two variables can be defined as an equation in the form:

\rm ax + by = c , where x and y are variables and a and b are not equal to 0.

For the given problem, let "s" be the cost of a sandwich and "c" be the cost of a chips bag.

Given:

The cost of three sandwiches and two chips bags is $22.00.

Therefore, the 1st equation will be:

\rm 3s +2c = 22                              

The cost of two sandwiches and one chips bag is $14.25.

Therefore, the 2nd equation will be:

\rm 2s + c = 14.25

To calculate the cost of a chips bag, we need to solve equation 1 and equation 2 by the substitution method.

From equation 2, the value of c will be:

\begin{aligned}\rm 2s + c &= 14.25\\\\c &= 14.25 - 2s\end                                   ... (3)

Now we will put  \rm c = 14.25 - 2s  in equation 1:

\begin{aligned} \rm 3s + 2c &= 22\\\\3s + 2(14.25 - 2s) &= 22\\\\3s + 28.50 - 4s &= 22\\\\-s + 28.50 &= 22\\\\s &= 28.50 - 22\\\\s &= \$6.50\end

On substituting the value of s in equation 3:

\rm  c = 14.25 - 2s \\\\c = 14.25 - 2(6.50)\\\\c = 14.25 - 13\\\\c = \$1.25

Therefore the cost of a bag of chips is $1.25.

Learn more about linear equations in two variables here:

brainly.com/question/84787

8 0
2 years ago
A company has recorded the last five days of daily demand on its only product. Those values are 120, 125, 124, 128, and 133. The
azamat

630 is the recorder point.

Safety stock is a term used by logistics personnel to describe additional inventory held to reduce the risk of stock-outs (shortages of raw materials or packaging) due to supply and demand uncertainties. Adequate safety stock allows business operations to continue as planned. Safety stock is held when demand, supply, or production is uncertain and acts as insurance against stockouts.

Safety stock is an additional quantity on hand to reduce the risk of an item being out of stock. This acts as a buffer stock in case sales are higher than expected or the supplier is unable to deliver additional units in the expected time.

Learn more about Safety stock  here: brainly.com/question/14054595

#SPJ4

8 0
1 year ago
A hospital data entry professional is part of what career area?
ioda
C.health informatics
5 0
2 years ago
Read 2 more answers
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