Answer:
Policy owner
Beneficiary
Face amount
Insured
Explanation:
John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.
The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).
It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.
Answer:
(E) None of the expenses are deductible by an employee.
Explanation:
Given:
Airfare to New Jersey = $2,000
Meals = $220
Lodging in New Jersey = $450
Rental car = $180
Since, all the expenses here are linked to the activities that are done on the business trip i.e expenses not occurred for the personal benefit or for the personal use.
also, the employees cannot deduct the business expenses.
hence, option (E) is correct
Basic checking account = <span>Both does not earn interest and has a low minimum balance requirement;
</span>interest-bearing checking account = <span>Both earns interest and allows unlimited ATM use;
</span>savings account = Both restricts access to funds through withdrawals;<span>
money market deposit account = pays higher interest than a savings account;
</span>
Answer:
Reflection activities/tasks
Explanation:
Reflection activities are tasks that makes entrepreneurs look back over what or how they have learned as they progress through the entrepreneurial process. Reflection tasks often assess metacognitive skills, it helps entrepreneurs to arouse their thinking towards taking conscious actions that will improve their decisions.
