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Fynjy0 [20]
2 years ago
14

if an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Associatio

n, that would be considered
Business
1 answer:
sdas [7]2 years ago
8 0

Answer: An unfair trade practice

Explanation:

Insurance guaranty associations are the organizations that help in the protection of the interest of the insurance policyholders in a case whereby there's insolvency on the part of the insurance company.

In a scenario whereby an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, this is not appropriate and should be termed to be an unfair trade practice.

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A certain city reports the following year-end total assets: General Fund $18,400,000 Library Fund (a special revenue fund) 2,900
kolbaska11 [484]

Answer:

B) General Fund and Library Fund

Explanation:

Major funds are those that include revenues, assets, expenditures and liabilities that account for at least 10% of all the government funds.

In this case the total government funds = $26,300,000

so 10% of total funds = $26,300,000 x 10% = $2,630,000

only the general fund ($18,400,000 ≥ $2,630,000) and the library fund (2,900,000 ≥ $2,630,000) are higher than the 10% threshold.

4 0
3 years ago
Read 2 more answers
A middle-aged widowed customer has an investment objective of stable income and would also like to receive occasional "extra" in
Illusion [34]

Answer: Participating preferred

Explanation:

Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.

6 0
2 years ago
The use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity go
Tema [17]

Answer:

The correct answer is letter "A": Commodity goods.

Explanation:

A differentiation strategy is an approach adopted by companies to make the goods or services they offered unique compared to their competitors. Most firms tend to use price as the main key to the difference between their products and the competitors'.

Thus, <em>the differentiation strategy is less likely to be applied in commodity goods because they are inherently unique such as oil, natural gas, precious metals or foreign currencies</em>.

3 0
3 years ago
An individual purchased a fixed annuity with flexible premiums. When she annuitized the policy, she chose the Life Income 10-Yea
Dvinal [7]

Answer:

The beneficiary should receive 6 more years of payment.

Explanation:

An annuity certain option guarantees that the insured or his/her beneficiaries will receive payments for a minimum period of time in case the insured dies.

In this question the certain option was 10 years, during the first 4 years the insured received his/her annuity payments, but once the insured passed away, his/her beneficiaries will continue to receive payments until the 10 year period ends (6 more years).

5 0
2 years ago
Paano nakakatolong ang mga estruktura ng pamilihan sa pagpapaunlad ng ating bansa​
kicyunya [14]

Answer:

<h3><u>PARA MAS LALO PANG GUMANDA ANG MGA STRAKTURA SA BANSA AT MARAMING MAIGANYUHAN ANG MGA TAO. NAKAKATULONG ITO SA MGA TAONG MAY TRBAHO NA MAY MGA HANAP BUHAY NA MAS LALO PANG LALAGO.</u></h3>

<u>h</u><u>o</u><u>p</u><u>e</u><u>f</u><u>u</u><u>l</u><u>l</u><u>y</u><u> </u><u>h</u><u>e</u><u>l</u><u>p</u><u>:</u><u>)</u>

Explanation:

  • <u>#</u><u>C</u><u>a</u><u>r</u><u>r</u><u>y</u><u>O</u><u>n</u><u>L</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>
5 0
3 years ago
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