Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
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Answer: The U.S. Constitution provides that Congress shall have the power to regulate commerce with foreign nations and among the various states.
Explanation:
Answer:
Spillover sales.
Explanation:
Spillover sales can be defined as the sales of the product which are not advertised with the products that were advertised.
<u>In this sales are done to the customers of the products that were not advertised while they have come to buy an advertised product. </u>
In the given case, Harriet who always buys advertised grocery goes to a shop to buy them. But along with the advertised products she also bought those products that were not advertised. This type of purchase is known as "Spillocver sales".
So, the correct answer is "spillover sale".
They bay of Biscay lies between France and Spain
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