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zhuklara [117]
2 years ago
5

a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due

to the risk involved. the pilot declines the additonal premium modification. the insurer will then likely issue the coverage with a(n)
Business
1 answer:
trasher [3.6K]2 years ago
3 0

Considering the situation described, the insurer will likely issue the coverage with an <u>Aviation Exclusion</u>.

The addition of <u>Aviation Exclusion</u> risk would curb the insurer's liability to that risk associated with the insurance contract.

This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of <u>Aviation Exclusion</u> would limit or void the insurance policy related to life.

Hence, in this case, it is concluded that the correct answer is "<u>Aviation Exclusion</u>."

Learn more about Aviation Exclusion here: brainly.com/question/14307093

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A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
mash [69]

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

7 0
3 years ago
Culver Corporation purchased machinery on January 1, 2022, at a cost of $288,000. The estimated useful life of the machinery is
Digiron [165]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing price= $288,000

Useful life= 4 years

Salvage value= $33,800

First, we will calculate the depreciation expense using the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (288,000 - 33,800)/4

Annual depreciation= $63,550

Now, using the double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*63,550= 127,100

Year 2= [(254,200 - 127,100)/4]*2= $63,550

Year 3= [(127,100 - 63,550)/4]*2= $31,775

Year 4= [(63,550 - 31,775)/]*2= $15,887.5

6 0
3 years ago
An Organization pays $65,000 in Social Security taxes for its employees. When payroll liabilities are journalized, how mucus ent
tatyana61 [14]

Answer:

It's NOT $65,000

Explanation:

the test

7 0
2 years ago
EA16.
Artist 52 [7]

Answer:

Explanation:

The journal entry is shown below:

Work in process A/c - shaping department Dr $35,000

Work in process A/c - packaging department Dr $25,000

         To Manufacturing overhead A/c $60,000

(Being apply overhead to the manufacturing departments is recorded)

The computation is shown below:

For shaping department

= 3,500 machine hours × $10 per machine hour

= $35,000

For Packaging department

= 2,500 machine hours × $10 per machine hour

= $25,000

5 0
2 years ago
A partnership agreement:
kondaur [170]

Answer:

A partnership agreement is binding even if it is not in writing

Explanation:

A partnership is a relationship that exist between two or more people (Usually two to twenty people) to pool their resources and capital together and establish a business enterprise with the aim of making profit.

A partnership agreement can be written on unwritten. Even when unwritten,  a partnership agreement is binding and is enforceable in the law court.

A written partnership agreement is called a partnership deed. partners are usually encouraged to have a partnership deed that clarifies the respective positions and duties of each partners.    

6 0
3 years ago
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