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nika2105 [10]
3 years ago
15

Name the parties involved in insurance?

Business
1 answer:
sdas [7]3 years ago
4 0

Answer:

Insured.

Policy Owner.

Beneficiary.

Insurance Company.

Agent/Broker.

Underwriter.

Medical Examiner. » Compare: Term life insurance quotes.

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Eugene agrees to finish painting Hazel’s house within two weeks of the time they agree to in the contract. A week in, Eugene rea
Yanka [14]

Answer:

Yes, Hazel needs to pay extra $700

Explanation:

As per pre-existing duty rule, a person is obligated to perform his duty at the consideration agreed upon initially. Any modification to the contract is void.

Exceptions to this rule:

  • As per new contract, if the person undertaking his duty hires another person to perform the work so as to complete it in time, then modifications are valid and enforceable.
  • Modifications are valid in case of unforeseen contingencies like war, recession, change in economic conditions and strikes.

In this case, Hazel agreed to pay $700 extra. Under pre-existing duty rule, she is not required to pay Eugene extra $700 but since Eugene took additional help exception to the rule applies and Hazel is obligated to pay $700 extra.

6 0
2 years ago
Read 2 more answers
The goal of investing $50 per month for the next 12 years for your nephew's college fund is a(n):______goal.
AlladinOne [14]

An investment vehicle known as a mutual fund pools the money of its shareholders and uses it to buy securities like stocks, bonds, money market instruments, and other assets. Professional money managers who specialize in managing mutual funds deploy the assets of the fund to produce capital gains or income for the fund's investors.

The portfolio of a mutual fund is structured and managed to meet the investment objectives stated in the prospectus. Mutual funds provide access to professionally managed portfolios of stocks, bonds, and other securities to small and individual investors. As a result, each shareholder shares in the fund's profits or losses in proportion.

Mutual funds invest in a wide range of securities, and their performance is typically measured by the change in the fund's total market capitalization.

To learn more about mutual fund , click here

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7 0
2 years ago
One difference between a monopoly and a competitive firm is that A. a monopoly faces a downward sloping demand curve. B. a monop
AnnZ [28]

Answer:

A. a monopoly faces a downward sloping demand curve.

Explanation:

In business, it is seen to occur because they have no competition, monopolists have no incentive to improve their products. A lot of their focus is instead placed on maintaining monopolistic conditions through bribing their way and other tactics that dissuade competitors from entering the market.

 Demand curve slopes downward, this is said to decreases with each unit of production beyond the profit maximizing quantity and in the eyes of the monopolist, cash is lost with each additional unit been produced, causing marginal cost exceeds marginal revenue. This causes the restricted output and higher costs that characterize products produced by monopolists.

Because the demand curve slopes downward, marginal revenue decreases with each unit of production beyond the profit maximizing quantity. Thus, the monopolist loses money with each additional unit produced, as marginal cost exceeds marginal revenue.

6 0
3 years ago
Norma is considering buying a certificate of deposit with the $500 she has in a regular savings account. Explain to her what fac
Molodets [167]

Answer:

The factors she could consider when choosing a certificate of deposit is explained below in detail.

Explanation:

A higher principal should/may obtain a greater interest rate.

A longer-term normally receives a greater interest rate, except in the matter of a modified yield curve.

Smaller businesses manage to offer greater interest rates than higher ones.

Individual CD accounts commonly obtain greater interest rates than business CD accounts.

4 0
2 years ago
Plz plz follow me plz you all plz plz<br>​
77julia77 [94]

Answer:

..huh

Explanation:

?

6 0
2 years ago
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