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Vinvika [58]
2 years ago
7

Anna is 88 years old and under the court-appointed guardianship of her daughter. One day Anna receives a telephone call from a h

ealth insurance salesman and purchases a $400-a-month Medigap insurance policy. This contract is:
Business
1 answer:
Sergio039 [100]2 years ago
4 0

Answer:

c. This contract is void.

Explanation:

Since in the question it is mentioned that one day Anna received a phone call from the health insurance salesman and she purchase a $400 medigap insurance policy so the contract should be void in the eyes of law as it is not valid in terms of law plus nothing is specified for whom she purchased the policy for $400

Therefore the correct option is c.

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What role does the idea of machine/machinery play in constructivist settings?
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g When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a . Necessary to sustain a c
malfutka [58]

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Rare resources

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7 0
2 years ago
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You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible loss
pentagon [3]

Answer:

Unlimited

Explanation:

GIven that:

You short-sell 200 shares of Tuckerton Trading Co

now selling for $50 per share.

If a short-sell occurs on a trade, the lower the share price, the higher the profit your are liable to achieve but if short-sell occurs and the share price is higher, then the  more loss you're going to accumulate.

From the question, the lowest possible share price is zero and the highest possible share price is infinity since there is no stop loss.

∴

The maximum possible loss = 200 × 50( 1 - infinity share price)

= Unlimited loss

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tankabanditka [31]

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