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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 ________ system tracks all communications between the company and the customer, the purpose of each communication, and any nec
jeka94
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4 0
2 years ago
Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States
tresset_1 [31]

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

Learn more here: brainly.com/question/12008240

7 0
2 years ago
Questioning of a witness by anyone other than the party who called the witness is _______ examination.
Andre45 [30]
I believe it's cross examination (the interrogation of a witness called by one's opponent). But I'm not 100% positive. 
6 0
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Assume that the real GDP in Year 2022 is $8000 and the GDP deflator is 200. Calculate the Nominal GDP. Show your work. *
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Answer:

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