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tatiyna
3 years ago
11

Which type of insurance provides funds for a business organization to purchase the business interest of a disabled partner

Business
1 answer:
Verdich [7]3 years ago
5 0

Answer:

Disability Buy-Sell; The premiums are not deductible, but the benefits are received income tax-free.

Explanation:

You might be interested in
The term _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.
lilavasa [31]

The term Social responsibility refers to a business's obligation to

maximize its positive impact and minimize its negative impact on society.

<h3>What is the role of social responsibility in Business?</h3>

  • Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner benefiting society, not just the bottom line.
  • Social responsibility has become increasingly important to investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment.
  • While critics have traditionally argued that the basic nature of business does not consider society as a stakeholder, younger generations are embracing social responsibility and driving change.

<h3>Extra keywords for social responsibility:</h3>
  • Social responsibility means that besides maximizing shareholder value, businesses should operate in a way that benefits society.
  • Socially responsible companies should adopt policies that promote the well-being of society and the environment while lessening negative impacts on them.
  • Companies can act responsibly in many ways, such as by promoting volunteering, making changes that benefit the environment, engaging in ethical labor practices, and engaging in charitable giving.
  • Consumers are more actively looking to buy goods and services from socially responsible companies, hence impacting their profitability.
  • Critics assert that practicing social responsibility is the opposite of why businesses exist.

To learn more about Social responsibility, refer

to brainly.com/question/25922327

#SPJ4

6 0
2 years ago
State Street Beverage Company issues​ $805,000 of​ 9%, 10-year bonds on March​ 31, 2017. The bonds pay interest on March 31 and
Citrus2011 [14]

Answer:

Option (B) If the market rate of interest is 10%, the bonds will issue at a discount

Explanation:

Interest rate risk is defined as the risk changing which, interest rates will affect bond prices. When current interest rates are greater than a bond's coupon rate, the bond will be sold below its face value at a discount. When interest rates are less than the coupon rate, the bond can be sold at a premium--higher than the face value.

7 0
3 years ago
Green Company expected to incur $ 10 comma 500 in manufacturing overhead costs and use 5 comma 000 machine hours for the year. A
Yuri [45]

Answer:

Estimated manufacturing overhead rate= 10,500/5,000= $2.1 per machine hour

Allocated MOH= $11,130

Explanation:

Giving the following information:

Estimated overhead costs= $10,500

Estimated machine-hours= 5,000

Actual machine-hours= 5,300 machine hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 10,500/5,000= $2.1 per machine hour

Now, we can allocate overhead based on actual machine-hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.1*5,300= $11,130

8 0
3 years ago
Is it against the law to require a student to pay their own money to go on a trip that will affect grade?
Montano1993 [528]
No because if the teacher wants to bump up that grade they can if they want
7 0
3 years ago
According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____. rises; de
iren2701 [21]

Answer:

rises; demanded falls

Explanation:

The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.

The aggregate demand curve is negatively sloped.

Please check the attached image for a graph of the aggregate demand curve.

I hope my answer helps you

3 0
3 years ago
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