A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay. To explain : The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

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Answer 1

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Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

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Answer 2

Question

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

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Answer 3

Question

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

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Answer 4

Question

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

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Answer 5

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

Answer 6

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

Answer 7

Chapter 5, Problem 4RE

Summary Introduction

Case summary:A person JS is the CEO of a company RL. The company RL deals in buying life insurance policies at a discount from patients who are on their death bed and sells the same to investors. The terminally ill patients receive payments as a percentage of future death benefits. The investors buy the insurance policies at 85 percentage of the value of future benefits. The patients utilize this money for their treatment, and the investors are entitled to a guaranteed return on their investment. The company RL draws a profit from the difference between the sale and the purchase price. According to JS, most of the policies are genuine, barring a few. Insurance companies, on discovering the fake policies, might cancel them and refuse to pay.

To explain :The decision-making process of the person JS in deciding whether to divulge the risk of fake policies to investors.

Answer 8

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Ch. 5 - Prob. 1RE Ch. 5 - Prob. 2RE Ch. 5 - Prob. 3RE Ch. 5 - Prob. 4RE Ch. 5 - Prob. 1IS Ch. 5 - Prob. 2IS Ch. 5 - Prob. 1BS Ch. 5 - Prob. 2BCP Ch. 5 - Prob. 3BCP Ch. 5 - Prob. 4BCP

Solution Summary: The author explains how a person JS decides whether to divulge the risk of fake policies to investors. Business Process Pragmatism is formulated by Leonard H. Bucklin of Corporate Ethics.

Chapter 5 Solutions