Question 2 of 10

Justin is the grantor of an ILIT. When he dies, his estate needs cash for funeral costs, final medical expenses, death taxes, et

slavikrds [6]

Answer:1 the answer is d, 2. The answer is d, 3.The answer is C, 4. The answer is d, 5. When the policy holder does not dies within the years in which the policy was taken

Explanation:

1.Trust is a group of people which has the authority to manage a asset of the owner of the asset after the death of the owner of such asset. The trustee take over the management of the asset that is the properties of the owner after the death of the owner.

2.The major type of insurance are motor vehicle insurance, fidelity guarantee insurance, fire insurance, burglary theft or robbery insurance, Accident insurance, life insurance such as joint life insurance, whole life insurance,term insurance, Annuity insurance, indexed universal life insurance.

3.Annuity insurance : This is the insurance policy in which the insured pays a lump sum of money in form of premium to the insurance company which matures at the retirement of the insured .the insurance company makes regular payment of income to the policy holder on his retirement for a specified period or for the rest of his life depending on the agreement reached and the lump sum paid by the insured.

4.The joint life insurance is the insurance policy which can be jointly taken by two people, the insurance company pays a lump sum to the person who has not died out of the two people that take the policy if the first person out of the two person that takes the policy dies within the period in which the policy was taken with the insurance company.

5. Incident of ownership is the right given by the insurance company to the insured to change the beneficiary listed by the insured on the life insurance policy taken by the insured with the insurance company. The insured can exercise his right under this measures to change the names of the beneficiaries who will receive the benefits after the death of the insured.

6 0

4 years ago

Global companies have five strategies for matching products and their promotion efforts to global markets. Changing a product in

chubhunter [2.5K]

Answer:

As given as below.

Explanation:

The global companies have some production strategies that make an appropriate for the country climate or presences such as the

uniformity in the brand names
An identical packaging of similar products .
The standardized advertising messages .
synchronized pricings .
coordinated of the product launches .
The harmonious sales campaigns

Based on these strategies, the matching products, and their promotion efforts are made in some way or the other that makes it appropriate for the climate of the place and the territorial of the country.

It has certain advantages like the lower the marketing costs , and also power and scope , consistency in the brand image and defining the ability to leverage ideas quickly and efficiently , uniformity of the marketing practices , also helps to establish relationships outside of the strategy.

5 0

4 years ago

Excellent Printers has contracts to complete weekly supplements required by forty-six customers. For the year 2018, manufacturin

Lady bird [3.3K]

Answer:

B. Money Managers is grossly under billed for the job, while other jobs will be unfairly over billed

Explanation:

The single overhead rate would be $ 0.07 per page

Overhead Rate = $ 840,000/ 12 million pages = 0.07 per page.

The other rates are

design changes rate = $ 120,000/300= $ 400 per design

Inspections rate = $ 80,000/8000= $ 10 per inspection

Setups rate = $ 640,000/5000= $ 128 per setup

Money managers will be under billed for the job as the overhead rates for other costs are higher than the single overhead rate which is $ 0.07 per page.

And if other overhead rates are used other jobs will be over billed.

Using a single overhead rate for 60,000 pages for Money Managers would mean 60,000 * $ 0.07 = $ 4200

Where as if the same job is billed using other overhead rates it would cost

Money Managers $ 6860 = $ 4000 + $ 2560 + $ 300

Design = $400 * 10 = $ 4000

Setups = $ 128 * 20 = $ 2560

Inspections $ 10 * 30 = $ 300

So it is under billed and other jobs over billed.

4 0

3 years ago

The following

Nadusha1986 [10]

Answer:

All of the basic expenses necessary to run a business are generally tax-deductible, including office rent, salaries, equipment and supplies, telephone and utility costs, legal and accounting services, professional dues, and subscriptions to business publications.

Explanation:

Option D is right my friend

if you like the ans plz mark me as brainleast...

5 0

3 years ago

Why is saving, spending and investing important? long summary

grandymaker [24]

Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

Hope this helps

3 0

3 years ago