An agent and an applicant for a life insurance policy fill out and sign the application. However, the applicant does not wish to give the agent the initial premium, and no conditional receipt is issued. When will coverage begin?

Answers

Answer 1

Answer:

The coverage will start when the life assured/assured pay the premium on the life assured

Explanation:

In Insurance, the rule say "No Premium, No Cover". It is a serious offense for an insurance office/life office to provide cover on a life that has not paid the premium.

The filling out of the policy only indicate "Offer" towards enforcing the policy from the assured side, we should not forget that the Insurance company giving the assured the proposal form to fill is an "Offer to Invitation". After this, the "Acceptance" will take place which is when the the the assured has submitted the Proposal form and the Life office has agree to provide cover. However, if the premium called "Consideration" has not been paid, no cover exist.


Related Questions

The study of authentic leadership has gained considerable momentum in the last decade because of the belief that enhancing self-awareness can help people in organizations find more meaning and connection at work. Group of answer choices

Answers

Answer:

TRUE.

Explanation:

Self-awareness is a characteristic that allows the person to know himself and evaluate himself according to his knowledge, thoughts, skills and goals in life.

In the work environment, self-awareness will be an additional determinant as a skill of intelligence and emotional control. More self-conscious managers will have a more accurate perception of themselves and others, making it possible to be more assertive and more compassionate, which consequently assists in the creation of an organizational culture focused on mutual help, efficient communication and the spread of ethical values , which positively impacts the perception of work, motivation and engagement of all employees.

if real gdp per capita in the united states is $8,000, what will real GDP per capita in the united states bea fter 5 years at an annual growh rate of 3.2%

Answers

Answer:

$9,364.58  

Explanation:

The future value formula stated below can be used in determining the real GDP after 5 years have passed since the real GDP is expected to increase at an annual growth of 5% per  year as shown below:

FV=PV*(1+r)^n

PV is the current real GDP OF $8000

r is the growth rate of real GDP which is 3.2%

n is the timing involved in the computation

FV=$8000*(1+3.2%)^5=$9,364.58  

This clause found in a mortgage ensures that the borrower will maintain clear title on the property in the event the bank is forced to foreclose...? Alienation clause Marketable title clause Acceleration clause Defeasance clause

Answers

Answer: Marketable title clause

Explanation:

Marketable title clause is a clause that is found in a mortgage which ensures that the borrower will maintain clear title on the property in the event the bank is forced to foreclose.

A marketable title is a title that can be given to a new owner and it should be noted that there's no likelihood that another party will make claims on it.

will mark brainliest
In a mixed economy, the government is most likely to control the factors of production in which industry?
A.The apparel industry
B.The automotive industry
C.The technology industry
D.The health care industry

Answers

Answer:

D.The health care industry

Explanation:

A mixed economy is a term that describes a form of economy whereby both the government and private investors or owners are allowed in control factors of production. However, the main purpose of the government ownership in this type of economy is to ensure that the people are not exploited or taken advantaged of by the market or greedy owners.

Hence, given the listed options, the correct answer is option D: The healthcare industry. This is due to its delicate or life and death situations involved, it is better for the government to control it in a mixed economy, so that the people will not be left at the mercy of some greedy private owners.

At very low levels of output, the short-run aggregate supply curve is relatively: A. steep, because increasing output will cause relative large increases in per-unit production costs B. flat, because firms can expand output with relatively little increase in per-unit production costs C. steep, because increasing output will cause aggregate demand to increase D. flat, because firms are reluctant to give their current workers raises when output is so low

Answers

Answer:  D. flat, because firms are reluctant to give their current workers raises when output is so low

Explanation:

When low levels of output are being produced, the supply curve will be flatter to show that goods are not too highly priced. This is because the goods are not costing as much to make because producers are unwilling to increase the wages of their current workers with such low output. Labor costs will therefore be kept below a certain level which will keep prices low.

Kyler's using conversion tracking tags to gain insight into how effectively his ads are converting customer transactions for his online store. But he notices that conversions aren't functioning. What can help him troubleshoot this issue?

Answers

Answer:

Google Tag Assistant

Explanation:

Google Tag Assistant, as the name implies, is a tool that assists a user to ensure or make verification of several google tags are installed in an appropriate manner. It is a Google Chrome extension that aids in carrying out troubleshooting various installed google tags such as Google Analytics, Adwords Conversion Tracking, Google Tag Manager, etc.

Hence, in this case, the correct answer to this question is Google Tag Assistant

Rather than hiring a receptionist, a real estate agency decided to use an administrative services company to contract someone for select days each week. This is an example of job sharing. external recruitment. outsourcing. temporary recruitment. offshoring.

Answers

Answer:

outsourcing

Explanation:

Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company

here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost

Hence, the third option is correct

Kale Co. purchased bonds at a discount on the open market as an investment and intends to hold these bonds to maturity. Kale should account for these bonds at

Answers

Answer: Amortized cost.

Explanation: Debt securities or bonds may be purchased for different intent. When debt securities are purchased for the short term, that is those which are liquidated within a short period of term usually called available for sale. On the other hand debt securities may be purchased with the intention of keeping for the long term called Held-to - maturity which is the case with Kale Co. as stated in the scenario above. Bonds which are liquidated in the short term are reported at fair value while those which are held till maturity are are adjusted for amortization of premium or discount as the case may be during these period and are hence accounted for at Amortized cost.

________ is a search engine for blogs allows users to easily identify blogs that contain specific key words or phrases that correspond to a brand name, person or issue.

Answers

Answer:

The correct response will be "Google Alerts".

Explanation:

Google Alert seems to be an automatic search engine tool that can assist individuals and companies in monitoring the internet for trends and events that can influence them.It is indeed a functionality transition identification as well as notify platform, made available either by google search results corporation, which immediately collects information because once new satisfied from headlines, public internet, the video compares a set of experimental various forms provided by the user but instead processed by the Google Alerts facility.

"A self-employed individual makes $200,000 per year. To which type of retirement plan can the maximum contribution be made?"

Answers

Answer:

SEP IRA

Explanation:

The biggest contribution to a retirement account can be made with a SEP IRA. This Simplified Employee Pension is an IRA account set up by small business in which the the contributions are made by the employer (which in this case is the client as well) and the contribution amounts made by the employer cannot exceed 25% of the employee's income, up to a maximum of $55,000 in 2018. Which in this case would be a total of $50,000 that the individual in this scenario can contribute per year.

Proponents of using the inflation tax to finance government budget deficits argue that: Multiple Choice these deficits would be far worse otherwise. inflation is ultimately beneficial in the long run. the economic slowdown produced by the inflation tax is preferable to the hyperinflation that would occur in the absence of the inflation tax. while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.

Answers

Answer: while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.

Explanation:

Budget deficit is a situation whereby the expenditure of the government for a certain year is more than the revenue the government makes.

Proponents of using the inflation tax to finance government budget deficits argue that while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.

A two-family residential property is now located in a central business district. The decision to convert this two-family residential house to a commercial office, housing a real estate firm and an insurance company, is an example of what appraisal principle?

Answers

Answer: highest and best use

Explanation:

The highest and best use of when a property is being valued based on profitability ans what it could achieve. To do this, having the knowledge regarding the market and zoning are vital.

Therefore, The decision to convert this two-family residential house to a commercial office, housing a real estate firm and an insurance company, is an example of highest and best use.

Four investment bankers need to cross a bridge at night to get to a meeting. They have only one flashlight and 17 minutes to get there. The bridge must be crossed with the flashlight and can only support two bankers at a time. The Analyst can cross in 1 minute, the Associate can cross in 2 minutes, the VP can cross in 5 minutes and the MD takes 10 minutes to cross. How can they all make it to the meeting in time

Answers

Answer:

Correct Answer:

The correct sequence of crossing include:

First, the Analyst takes the flashlight and crosses the bridge with the Associate. This takes 2 minutes. The Analyst then returns across the bridge with the flashlight taking 1 more minute (3 minutes passed so far). The Analyst gives the flashlight to the VP and the VP and MD cross together taking 10 minutes (13 minutes passed so far).

The VP gives the flashlight to the Associate, who recrosses the bridge taking 2 minutes (15 minutes passed so far). The Analyst and Associate now cross the bridge together taking 2 more minutes. Now, all are across the bridge at the meeting in exactly 17 minutes.

Explanation:

The above is the only logical way through which all of them could be able to cross the bridge while still arriving to the meeting at/on the exact time.

A demand schedule shows A. various quantities of a good or service demanded at various prices. B. individual preference for more income rather than less. C. consumer preferences for different combinations of goods and services. D. the relation between price and income when all other things remain equal.

Answers

Answer:

Option "A" is correct.

Explanation:

Option “A” is correct because the demand schedule is a tabular statement that shows the different prices and quantities. Basically, this tabular statement shows the different quantity demanded at different prices. At the higher price, the demand is lower and at lower prices, the demand is higher. Therefore, the price and demand have an inverse relationship, and the demand curve is downward sloping.

An income property has a gross annual income of $14,250 and monthly expenses of $300. It has been valued at $147,000. What is the capitalization rate?

Answers

Answer: 0.072

Explanation:

From the question, we are given the information that income property has a gross annual income of $14,250 and monthly expenses of $300 and that it has been valued at $147,000.

The capitalization rate will be calculated as:

= [$14, 250 - ($300 X 12)]/$147,000

= ($14,250 - $3,600)/$147,000

= $10650/$147,000

= 0.072

= 7.2%

Pension plan assets were $460 million at the beginning of the year. The return on plan assets was 5%. At the end of the year, retiree benefits paid by the trustee were $21 million and cash invested in the pension fund was $25 million. What was the amount of the pension plan assets at year-end

Answers

Answer:

$487,000,000

Explanation:

                    Year end pension plan asset

Plan asset beginning of year              $460,000,000

+ Actual return(5%×460,000,000)       $23,000,000

+ Cash contribution                              $25,000,000

-  Retiree benefits                                 $21,000,000

End of year pension plan asset         $487,000,000

As a rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of the marginal product of the _____ unit of the factor employed is _____ that factor's price.

Answers

Answer:

last

equal

Explanation:

A profit maximising producer would produce up to the point where the marginal product of the last unit of factor employed equals the factors price.

After, this point is reached, diminishing returns sets in

peter, a customer-care executive of homefrot inc., an electronics company, adopts the problem-solving process to find a solution to a coomplaint he received from a customer regarding a nonfunctioning microwave. after identifying the problem, what should peter do next

Answers

Answer:

compile and analyze the data

Explanation:

Since Peter has already identified the problem, his next step is to compile and analyze the data. This will allow Peter to see all of the data together and try to find what the cause of the problem actually is, which will ultimately allow him to develop a solution to it. This is done by inspecting and cleaning the data in order to find useful information, informing conclusions and data supporting decision-making.

April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were purchased for $7,600. The direct materials price variance for last month was:

Answers

Answer:

100 (Unfavorable)

Explanation:

Standard price = $3.75

Actual price = 7,600 / 2,000 = $3.8

Actual quantity = 2,000

Direct materials price variance = (Standard price - Actual price) * Actual quantity

Direct materials price variance = ($3.75 - $3.8) * 2,000

Direct materials price variance = $0.05 * 2,000

Direct materials price variance = 100 (Unfavorable)

The agreements that allow McDonald's franchisees around the globe to use McDonald's trademarked name and menu items represent, in essence, which form of market entry

Answers

Answer:

The remaining part of the question is:

McDonald's trademarked name and menu items represent, in essence, which form of market entry?

A) joint ventures

B) franchising

C) 100% ownership

D) exporting

E) acquisition

Correct Answer:

B) franchising

Explanation:

Franchising is a business model whereby a company that their specialty is in retailing industry, as well as the fast-food industry, adopts a global expansion through other companies by licensing their business name and trademarks to them.

in some cultures burping after a meal is a compliment to the chef? True or false?

Answers

Answer:

The answer is

Explanation:

Yes, it is true because in some areas of u burp, then the chef takes it as a good compliment meaning that you have had a filled portion and liked the food and is satisfied.

Hope this helps....

Have a nice day!!!!

Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term. This is an example of focusing on interests, not positions.

Answers

Answer: True

Explanation:

From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.

The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.

A systematic, objective process of getting information about potential customers to guide marketing decisions is referred to as

Answers

Answer:

Marketing research

Explanation:

Marketing research is the process of obtaining well researched information about a target market and its potential customers. It is an important marketing strategy in that it helps an organization find a new target market and also provide an avenue for potential consumers to provide their opinion and feedback about their interest in the firm's products.

Example of marketing research includes phone survey, online interviews, focus groups, survey etc.

Expanding operations in countries where verbal expressions and gestures do not have the same meaning illustrate one of the main challenges of managing for _______.

Answers

Answer: globalization

Explanation:

Globalization is simply the process by which organizations or businesses start

their operations on international scale or start having international influence.

Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.

Record the following transactions for Red Wood Trails in a general journal.

June 3 Purchased $3,985 of merchandise on account from JVC Co.
9 Purchased $2,300 of merchandise on account from Prime Target and Co. Credit terms 2/10, n/30.
12 Purchased $675 of store supplies on account from Craft Shop.
13 Paid for June 3 purchase of merchandise from JVC Co.
19 Paid for June 9 purchase of merchandise from Prime Target and Co.

Answers

Answer:

Date         Account, title and description                 debit              credit

June 3      Merchandise inventory                           3,985

                Accounts payable                                                           3,985

                Merchandise purchased on account

                from JVC Co.

June 9      Merchandise inventory                           2,300

                Accounts payable                                                           2,300

                Merchandise purchased on account

                from Prime Target, terms 2/10, n/30

June 12    Store supplies                                          675

                Accounts payable                                                           675

                Merchandise purchased on account

                from Craft Shop

June 13    Accounts payable                                    3,985

                Cash                                                                                3,985

                Paid for June 3 purchase of

                merchandise from JVC Co.

June 19    Accounts payable                                    2,300

                Cash                                                                                2,254

                Purchase discounts                                                        46

                Paid for June 9 purchase of

                merchandise from Prime Target and

                obtained a 2% discount

A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the decedent's death was $500,000. The decedent had paid $280,000 for the stock six years ago. The beneficiary sold the stock two months after receipt for $510,000. What is the beneficiary's recognized gain for the year related to the stock?

Answers

Answer:

Beneficiary recognized gain is $510000.

Explanation:

The amount paid by the decedent for the stock = $280000

The market value of the stock at the time of death = $500000

The selling price or the amount received by the beneficiary by the sell of stock = $510000

Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.

Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.

= $510000 – 0

= $510000

Real options are opportunities that are embedded in capital budgeting projects that enable managers to alter their cash flows and risks in a way that affects project acceptability.

a. True
b. False

Answers

I think it’s true have a good day

List two activities the managers at Camp Bow Wow perform daily, and identify which of the ten managerial roles discussed in this chapter figure prominently for each.

Answers

Answer with Explanation:

The two roles that were daily performed by the Camp Bow Wow managers were management of the pets and was customer management.

For the management of the pets, the managers will have to allocate the dog counselors to each of the dog, take care of all the necessary items that are essential for the pets and recommended as per the company policies like providing them food, medical services, etc,.

For managing clients the managers must be very friendly caring towards their customers concerns. They must be providing their customers information about their pet's health and all related stuff on routine basis so that the customer acknowledge the best service quality standards are met by the company.

________ represent(s)a market entry strategy whereby one company permits a foreign company to make use of its patents, know-how, technology, company name, or other intangible assets in return for a royalty payment.A) Joint venturesB) One-hundred-percent ownershipC) LicensingD) ExportingE) Global strategic alliances

Answers

Answer:

C) Licensing

Explanation:

-Joint venture is when two companies make an agreement to share resources to accomplish a specific goal.

-One-hundred-percent ownership is when a company enters into a new marketing creating a subsidiary that is fully owned by that company.

-Licensing is when a company gives a foreign organization the right to use its knowledge, name, process among others in exchange for a payment.

-Exporting is when a company send products that are produced in one country to a foreign market.

-Global strategic alliances is when a company makes an agreement with another company to create a venture and share its ownership to enter into a new market.

According to this, the answer is that licensing represent(s)a market entry strategy whereby one company permits a foreign company to make use of its patents, know-how, technology, company name, or other intangible assets in return for a royalty payment.

Which of the following statements about economic growth is accurate? The world’s sustained economic growth has only been occurring over the last 300 to 400 years. Sustained economic growth has been occurring since the start of the Roman Empire. Countries in Africa and South America are responsible for most of the economic growth in the world since the 1600s. Economic growth has been shared equally among all the countries in the world since the start of the most recent generation.

Answers

Answer:

The world's sustained economic growth has only been occurring over the last 300 to 400 years.

Explanation:

It is more accurate to say that sustained economic growth occurred over the last 300 to 400 years by considering when economic data became available.

Also, we need to bear in mind that a sustained economic growth implies a measurable period of economic expansion (growth).

Other Questions
How are the different elements of plot related is 32k+24=8(4k+3) true? a.True b.False identify 15 health related challenges that are relevant in the 21st century _____________ is a type of ocean pollution that is frequently caused by nutrient runoff from agriculture and from disposal of livestock and human waste, leading to the artificial enrichment of waters with a previous low nutrient level. La rapidez a la que cantan los grillos de rbol es de 2.0 102 veces por minuto a 27C, pero es slo de 39.6 veces por minuto a 5C. A partir de estos datos, calcule la "energa de activacin" para el proceso del canto. Winter Dreams by F. Scott Fitzgerald (excerpt) "Isn't shea pretty girl, any more?" "Oh, she's all right." "Look here," said Dexter, sitting down suddenly, "I don't understand. You say she was a 'pretty girl' and now you say she's 'all right.' I don't understand what you meanJudy Jones wasn't a pretty girl, at all. She was a great beauty. Why, I knew her, I knew her. She was" Devlin laughed pleasantly. "I'm not trying to start a row," he said. "I think Judy's a nice girl and I like her. I can't understand how a man like Lud Simms could fall madly in love with her, but he did." Then he added: "Most of the women like her." Dexter looked closely at Devlin, thinking wildly that there must be a reason for this, some insensitivity in the man or some private malice. "Lots of women fade just like that," Devlin snapped his fingers. "You must have seen it happen. Perhaps I've forgotten how pretty she was at her wedding. I've seen her so much since then, you see. She has nice eyes." A sort of dulness settled down upon Dexter. For the first time in his life he felt like getting very drunk. What does the emphasis on the word pretty and Dexters reaction to the news of Judys situation tell readers about his attachment to her? A. Dexter no longer loves Judy but still feels tenderness and pity toward her. B. Dexter feels anger about Judys situation and wants to avenge her mistreatment. C. Dexter was deeply in love with Judy and wanted to rescue her from her bad marriage. D. Dexter was more attached to the dream of possessing Judy and did not actually love her. Simplify the expression where possible. (r^3)^ -2 Ceiling-suspended paddle fans must not be located within a zone measured ____ horizontally and ____ vertically from the top of the bathtub rim or top of a shower stall threshold. WILL GIVE BRAINLIEST In the following graph, ABC is congruent to ABC. A teacher asks Janine to state the translation rule for this transformation. She focuses on point C and states that the translation rule is (x,y)(x-2, y-6). In other words, to shift from the blue to the red triangle, you must shift each point two units to the left and six units down. Janine made an error. Explain how to correct her rule by either using transformation notation showing each step or explain using 2-3 sentences. MUSIC!!!!! Meter Signatures determine how many ______ per measure and what type of note gets the_______. what is information processing cycle a 16.0 kg cart is being pulled by a 95.4 N force to the right and a 36.0 N force to the left. What is the acceleration of the cart? What's a software function? Cos 3 A + COS5A + COS7A+ Cos 15 A = 4 COS 4A COS5A COS6A Bonds hold atoms/elements together. What kind of bond holds organic compounds together? i need help (3/4)x+2=(3/8)x-4 Given the preimage: A(3, 2), B(3, 6), C(11, 6), D(11, 2). Translate down 4 units. What is B'? What did Henry Moseley contribute to the modern periodic table?O A. He discovered the lanthanides and actinides.O B. He identified all of the elements that are currently in the periodictable.O C. He ordered the elements based on atomic number.O D. He ordered the elements based on atomic mass. Althea paid five dollars each for two bracelets and later sold each for $15. She paid eight dollars each for three bracelets and sold each of them for nine dollars. Write an expression that represents the profit Althea made. (20x^3-7x^2+3x-7)/-13x^2-5