The statement," Financial markets are important for bringing equilibrium to the loanable funds market, but do not affect the efficient allocation of scarce resources in the long-run." is false.
<u>Explanation:</u>
Financial markets are important for bringing equilibrium to lonable funds and in the long run they affect the allocation efficiency of scare resources. They probably shift the scare resouces of the economy from savers to borrowers.
Financial market is an arena where trading of financial derivatives and securities occurs at lower transaction costs. The securities are namely bonds, stocks, etc.,
The role of financial markets are as follows,
- operation of modern economies
- provides the government/business entities access to capital
Pay the Premium in full and on time.
Explanation:
A No-lapse guarantee offers an insurance company commitment that a fixed life insurance policy is in place – even though, as long as the agreed retention premium is calculated at the required time, the cash value in the policies drops to zero or less than zero.
The No-Lapse insurance fee is the amount to be paid in order for the policy to remain in force unless the policy is carried out effectively for a certain number of years. The coverage will continue during the lapse period, even when the cash value drops to zero. The insurer provides the guarantee.
When the fee is not collected on the due date, it shall be deemed to have been default and the policyholder may forfeit his advantages. During that time, the fee can be charged without additional charges and the scheme remains in effect.
Answer:
Adjusting process
Explanation:
The expense recognition (matching) principle aims to record (expenses/assets/liabilities) in the same accounting period as the (expenses/revenues/assets) that are earned as a result of those costs. This principle is a major part of the Adjusting process.
Certain types of contracts must be in writing pursuant to the statute of "frauds".
A state statute that necessitates certain kinds of agreements to be written, expected to guarantee that terms of imperative contracts are not overlooked, misconstrued, or fabricated, reason for this is to smother misrepresentation, fraudulent cases, some of the time envisioned in light of ensuing occasions or basically invoked.
The right answer for the question that is being asked and shown above is that: "5.8 percent." Paul invested $10,000 in a security that will double in value in ten years. Approximately the annual rate of return is this investment making is <span>5.8 percent</span>
