Answer:
Yes, Thompson is correct in his claim to be a third party beneficiary of the Cannon-insurer contract.
Explanation:
A third party contract covers an individual or firm against a loss caused by some third-party.
An example is fire insurance that will indemnify Thompson (third party) with Cannon-insurer contract.
Since Cannon is the insured, he will investigate to be sure that the cause of the fire was worthy of indemnity. This is definitely why he is in agreement with the insurer.
The two main categories of third-party insurance are liability coverage and property damage coverage.
to spend less money The company has tried to cut costs in several areas.
<h3>What is
money?</h3>
Money is any commodity or verifiable record that is widely accepted in a given country or socioeconomic environment as payment for products and services and repayment of debts, such as taxes.
Money is defined as any good that is widely utilized and accepted in transactions involving the exchange of goods and services from one person to another. Economists distinguish three sorts of money: commodity money, fiat money, and bank money. Commodity money is a good whose worth serves as money's value.
Money is derived from the Latin word moneta, which means "coin," via the French monnaie. The Latin name is thought to have originated from a Juno temple on Capitoline, one of Rome's seven hills.
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Answer:
4.81%
Explanation:
Accounting rate of return is the ratio of annual profit and initial investment made on an asset or project. It is expressed in the times value.
Formula for Accounting rate of return is as follow
Accounting Rate of return = Annual Profit / Initial Investment
Initial Investment = $79,000
Annual Profit = $3,800
placing values in the formula
Accounting rat of return = $3,800 / $79,000
Accounting rat of return = 0.0481
Accounting rat of return = 4.81%
The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.
Answer:
A is an upstream supply chain member while C is the downstream chain member
Explanation:
There are two portions of the supply i.e downstream and upstream. In the upstream it reflects the suppliers of the organization and its process for managing the relation
While on the other hand the downstream reflects the process for distribution and delivery of products to the customers T
Therefore in the given case, Entity A is upstream while the Entity C is downstream
