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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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You have the following information on Marco's Polo Shop: total liabilities and equity = $210 million; current liabilities = $50
KengaRu [80]

Answer:

$60 million

Explanation:

The quick ratio is  the financial ratio of the current assets less inventory to current liabilities. While the accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.

This may be expressed mathematically as

Assets = Liabilities + Equity

Given that quick ration is 1.7 and current liabilities = $50 million

1.7 = current assets less inventory/$50 million

current assets less inventory = 1.7 * $50 million

= $85 million

The total asset is made up of the current assets less inventory, inventory, fixed assets. Let the balance for fixed assets be y

$85 + $65 + y = $210   (all amounts in millions)

y = $210 - $150   (all amounts in millions)

y = $60   (all amounts in millions)

3 0
3 years ago
During her presentation to a prospective customer,Lea informed him about the new wallboard's superiority.She also brought a samp
snow_lady [41]

Answer:

A, multiple-sense approach

Explanation:

Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.

By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.

Cheers..

4 0
4 years ago
Suppose the economy enters a recession. If government policymakersdash​Congress, the​ president, and members of the Federal Rese
jonny [76]

Answer:

The correct answer is  ii. The unemployment rate will rise in the short run but return to the natural rate of unemployment in the long​ run, and real GDP will drop below potential GDP in the short run but return to potential GDP in the long run.

Explanation:

The economic recession occurs when there is a decrease in economic activity within a specific country. If shock actions are not taken, the most likely thing that happens is that companies stop hiring staff because they will require much less labor. This situation is explained in Okun's law, which mathematically demonstrates the relationship between the unemployment rate and economic growth.

6 0
4 years ago
On November 1, Bahama National Bank lends $4 million and accepts a six-month, 6% note receivable. Interest is due at maturity. R
UkoKoshka [18]

Answer:

11/01

Dr Notes Receivable 4,000,000

Cr Cash4,000,000

12/31

Dr Interest receivable 40,000

Cr Interest revenue 40,000

Explanation:

Preparation of the journal entry to Record the acceptance of the note and the appropriate adjustmentfor interest revenue at December 31, the end of the reporting period.

11/01

Dr Notes Receivable 4,000,000

Cr Cash 4,000,000

12/31

Dr Interest receivable40,000

Cr Interest revenue 40,000

Calculation for Interest Revenue using this formula

Interest Revenue =Face Amount *Interest Rate *Time Period

Let plug in the formula

Interest Revenue= 4,000,000 x .06 x 2/12

Interest Revenue = 40,000

4 0
3 years ago
Which financial statement shows the calculation of a business's net profit by deducting the expenses from the revenue of an orga
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Why is there random characters in the sentences

8 0
3 years ago
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