A policy which permits the policyholder to vary the level of premiums, thesum insured and has its cash values dependent upon the investmentperformance and the level of premium paid is known aspolicyA) Participating whole life policyB) Participating endowmentC) Universal lifeD) None of the above

As under universal life policy permits the policyholder to vary the level of premiums, the sum…

Answered: A policy which permits the policyholder…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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5. Suppose you are expecting your fourth child in six months and you need a bigger car. You have your eye on a used three-year-old minivan that currently costs approximately $10,000. You are concerned about the pricing and availability of this specific car in six months' time, but you won't have enough money to purchase the car until six months from today. a. How could you advertise in the newspaper for a forward contract with a counterparty that would eliminate your risk? b. Who would be willing to take the short position on your forward contract? (Who is the likely counterparty?)
An institution which has responsibility for financial affairs on the property of others is known as ΟΛ fiduciary financial institution brokerage firm ball bond B. O C. O D.
Discuss arguments for and against setting high discount rates.
Unsystematic risk can be reduced by buying:a. Stock in less interest rate sensitive companies.b. Stock of companies in the same industry.c. Stocks in numerous unrelated industries.d. Stocks in natural resource companies
Restricted stock is Multiple Choice a special type of stock that is not transferable from the current holder to others until specific conditions are satisfied. a special type of stock that can be converted into corporate bonds after a specific amount of time has elapsed. a special type of stock that is a result of offering an employee stock ownership plan.
Compare and contrast approval/payment from the Patient Protection and Affordable Care Act (PPACA), commercial insurance, and the traditional Medicare program (not a Medicare health maintenance organization [HMO]) available to these types of facilities. ( well explain all point of question with deeply explaination ).
If a company would like to reduce its average collection period, it can either offer a cash discount or increase net terms. True or false ? and why?
Structural subordination occurs when O There is a holding company and a group lends to its operating subsidiary One group lends to a holding company and there is no debt at its operating subsidiaries One group lends to an operating subsidiary on an unsecured basis O One group lends to a holding company and another group lends to its operating subsidiary
Which of the following statements about the aggregate policy limit in a Commercial General Liability policy is OA It is set by the insurer after a claim It is the maximum amount payable for all claims under the policy OC It is negotiated at the time of a 168 It is adjusted for inflation Recording
A manufacturer of motor oil has a trade discount policy whereby the manufacturer’s suggested retail price is $30 per case with the terms of 40/20/10. The manufacturer sells its products through jobbers, who sell to wholesalers, who sell to gasoline stations. What will the manufacturer’s sale price be?
Corporate bonds often have higher yields than government bonds to compensate investors for which additional risk? A Default B ESG C Market D Liquidity
mmen 94. if an insured dies during the grace period and the premium has not been paid, which The policy has lapsed and no benefit will be paid A pro-rated benefit will be paid based on the amount of time over due The death benefit will be paid less the premium due The beneficiary must reinstate the policy to receive benefits I

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