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EleoNora [17]
3 years ago
9

The customer requires ICC(A). Considering that the insurance policies of China’s domestic insurance companies are all based on C

IC, where can we acquire this type of insurance in China? If we are insured with ICC(A) in China, will it be effectively used to claim abroad? And accordingly, how can we refer to ICC(A) when filling the insurance policy?​
Business
1 answer:
svetlana [45]3 years ago
8 0

The Chinese insurance market has grown at a furious pace in recent years and will surpass that of the United States by 2029.

A strong economy, government investment, consumer awareness, and technology are fuelling China's growth in the insurance sector.

China's biggest insurance companies are among the largest companies in the world.

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Fed [463]

Answer:

$212.38

Explanation:

In this question, we use the PMT formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $24,000

Future value = $0

Rate of interest = 6.75% ÷ 12 months = 0.5625%

NPER = 15 years × 12 months = 180 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer would be $212.38

4 0
3 years ago
Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these de
Mashutka [201]

Explanation:

Note, for private spending, <em>consumption</em> refers to purchases usually made for present needs, while <em>investment</em> refers to purchases that may provide. For government spending, <em>consumption </em>refers to purchase made to care for the immediate welfare or needs of those governed without any monetary benefits, while <em>investment </em>purchases are done with the perceived future benefits in mind.

<u>Private Spending</u>

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  • People buying houses  = Investment
  • People buying newspapers  = Consumption
  • People buying food = Consumption

<u>Government Spending</u>

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4 0
3 years ago
On January 1, Year 1, Abbott Company granted 92,000 stock options to certain executives. The options are exercisable no sooner t
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Answer:

The amount of Compensation expense to Year 1 is $153,333.

Explanation:

Stock options granted                                       92000

X Fair value on date of grant                          5

Total compensation expense                       460000

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Compensation expense per year 1                       53333

Therefore, The amount of Compensation expense to Year 1 is $153,333.

3 0
3 years ago
A foreign currency ___________ is a contract giving the purchaser (the buyer) the right, but not the obligation, to buy or sell
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Answer:

The correct answer is: Option; premium or option price.

Explanation:

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For its part, the price of the premium or option refers to the amount paid by the buyer in order to exercise the legitimate right over the capital asset. The premium corresponds to the value paid in excess and that represents a higher value for the seller within market estimates.

5 0
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1. Under a shipment contract, the seller is required only to the goods into the hands of a carrier and title passes to the buyer
taurus [48]

Answer:

<h2>1) The answer is option a) or True.</h2><h2>2) Generally all contracts are assumed to be <u>Shipment </u> contracts if nothing to the contrary is stated in the contract.</h2><h2>3) The seller is required to deliver the goods to a particular destination in a destination contract,usually directly to the <u>buyer</u><u>.</u></h2><h2>4) The answer is option a) or True.</h2><h2 />

Explanation:

  1. A shipment contract mandates that the seller of any good or service is obligated to deliver the specified shipment to a common carrier for delivery to the buyer but not directly to the buyer's destination.Under  the shipment contracts,the seller is not responsible for the condition of the shipment or package during the delivery point and time to the buyer.
  2. If nothing is specifically mentioned in the contract regarding the delivery of the shipment,it assumably qualifies as a shipment contract and the seller is only liable to dispatch the shipment to the transportation carrier and not obligated to send it directly to the buyer's destination.
  3. Under a destination contract,the seller is officially obligated to dispatch the concerned goods or shipment directly to the buyer's actual destination.Hence,the seller's obligation is incomplete until the shipment subsequently reaches the buyer's destination.
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3 0
3 years ago
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