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n200080 [17]
3 years ago
6

All of the following are considered to be typical characteristics describing the nature of an insurance contract EXCEPT

Business
1 answer:
slavikrds [6]3 years ago
3 0

Answer:

Bilateral

Explanation:

According to my research on the different terms used when referencing an insurance contract, I can say that all of the answers provided except for Bilateral are considered typical characteristics describing the nature of an insurance contract. A bilateral contract is defined as an agreements between two parties in which each side agrees to fulfill his or her side of the bargain.

Since an insurance contract is a fund that the insurance company pays in the case of an accident in which the person is injured, there is only one party that agrees to fulfill their side of the bargain and that is the insurance company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Answer:

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3 years ago
The strength of patent protection is that it___________.
Tatiana [17]

The strength of patent protection is that it D) grants a monopoly on underlying concepts and ideas.

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4 years ago
Net operating income equals: Multiple choice question. dollar sales – dollar sales to break even. unit sales × unit contribution
GalinKa [24]

Net operating income equals (unit sales - unit sales to break even) × unit contribution margin.

What is net operating income?

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Is net operating income the same as profit?

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6 0
2 years ago
Big Homes Corporation is an accrual method calendar year taxpayer that manufactures and sells modular homes. This year for the f
Pavel [41]

Answer:

C. $19,500 if this amount is not material, Big Homes expects to continue the practice of offering rebates in future years, and Big Homes expects to pay the accrued rebates before filing their tax return for this year.

Explanation:

They are viewed in the tax law as a reduction to the purchase price of the item. Thus, this decreases the income from the houses.

Is important to consider that this must be part of the commercial activity from Big Homes and in subsequent years this rebates will continue to occur.

Thus, if Big Homes Corporation pay the accrued rebate it confirms the discoutn and thus, the deduction.

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4 years ago
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Answer:

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