Answer: A. $0
Explanation:
By current tax rules, any transfers of life insurance policies within three years of the death of the owner of the policy should be included in their gross estates.
As Lena's policy was transferred in 2014 which was 4 years before he death in 2018, it does not qualify to be included in the gross estate so the answer is $0.
Answer:
the fixed cost per month is $20,600
Explanation:
The computation of the fixed cost is given below:
Fixed costs = Total Production Costs - Variable costs
= $30600 - $0.40 per unit × 25000 units
= $30600 - $10,000
= $20,600
hence, the fixed cost per month is $20,600
We simply deduct the variable cost from the total production cost so that the fixed cost could come
Answer:
Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.
Explanation:
Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.
However, the situation is tricky here since he is not the owner of the car.
The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.
If his friend has a car insurance, that will cover for the damages as well.
And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.
Answer:
B. is much less than the costs to the whole American economy.
Explanation:
When foreign industries are prevented from entering the U.S. Market, the supply of the products that those foreign firms would provide is kept artificially low, in order to benefit domestic producers. This means that prices become more expensive than they should be, affecting all consumers.
For example, if the U.S. barred car imports from Japan, cars would become very expensive, and while the national car industry would benefit, the vast majority of consumers would be harmed by the higher prices.
