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Anestetic [448]
3 years ago
8

Pamela applies for a life insurance policy with forever young insurance company. when completing the application form about past

surgeries, pamela forgot about a past outpatient surgery when she had an infected hang-nail removed and her toe treated. one year after issuing the policy, pamela died suddenly from a brain aneurysm. forever young denies payment under the policy based on misrepresentation. if pamela's sister, paula, sues forever young, she will most likely
a. win, because once an application has been accepted, an insurer may not use a misrepresentation on the application to avoid liability.


b. win, because pamela's misrepresentation was not a material fact and did not increase forever young's risk in insuring pamela's life.


c. lose, because pamela's application contained a misrepresentation of material fact.


d. lose, because an insurer can always use any misrepresentation on an application to avoid paying.
Business
1 answer:
antoniya [11.8K]3 years ago
3 0

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.

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What are the different types of economic measurements used to analyze most economies
Nata [24]

Answer:

The levels of poverty.

Exchange rate.

The productivity of laborers.

National debt/The total borrowings of the government.

Inequality in Income.

Real Disposable Income

The Misery Index.

Explanation:

The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.

7 0
3 years ago
Discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?​
elena55 [62]

Some of the social factors that have led to unemployment in South Africa amongst the youth are:

  • High population growth.
  • High poverty rates.

As a result of high population growth, the number of youth in South Africa  has increased to a point where getting jobs for all of them is quite difficult.

High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.

Find out more on factors leading to unemployment at brainly.com/question/305041.

6 0
2 years ago
Read 2 more answers
Receive 1 million in cash gift do i have to file taxes
Ierofanga [76]

Answer:

Gift tax is not an issue for most people

Explanation:

The person gifting files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amount ($15,000 in 2020), the giver must file a gift tax return.

8 0
2 years ago
If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be
bezimeni [28]

If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be  equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.

The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.

To learn more about value, click here.

brainly.com/question/1578158

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4 0
2 years ago
You will have $ in 20 years if you set aside $2,000 at 8%. (Use the future value tables from Chapter 5.)
Romashka-Z-Leto [24]

In 20 years you'll have $5,220.

2,000×0.08=160

2,000+(160×20)= 5,220.

4 0
3 years ago
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