Life insurance companies become partners with project developers through the use of commercial loans called
Answers
Life insurance companies become partners with project developers through the use of commercial loans called mortgage loans,
which are basically loans granted to borrowers (typically developers) to buy real estate while paying the principal plus interest in installment payments over a set period of time.
Mortgage loans are long-term financing loans granted to borrowers (usually real estate developers) to purchase property. They differ from conventional loans in that the property serves as collateral, which means that if the borrower defaults on the loan, the bank can repossess the property.In summary, the main answer to the question is mortgage loans. Explanation: Mortgage loans are commercial loans utilized by life insurance companies to become partners with project developers.
TO know more about that insurance visit:
https://brainly.com/question/989103
#SPJ11
Related Questions
16) Stefano has just completed an original oil painting. After considering the costs for brushes, paint,
canvas, and the value of Stefano's labor time, the marginal cost of the painting is $1,000. Lucky Stefano.
One art lover paid him $1,500. How much producer surplus did Stefano obtain?
Answers
Stefano's producer surplus is the difference between the price he received and the cost of producing the painting. In this case, the price he received was $1,500 and the cost of production, or marginal cost, was $1,000. Therefore, Stefano's producer surplus is $500.
Producer surplus is an important concept in economics that measures the benefit that producers receive from selling their goods at a price higher than their marginal cost. In this case, Stefano's producer surplus of $500 indicates that he received a benefit from selling his painting at a price that was higher than what it cost him to produce it. Understanding producer surplus is important for businesses and policymakers because it can help them to make decisions about pricing and production levels. By understanding how much producer surplus they can expect to receive from a given product, producers can make better decisions about how much to produce and at what price to sell their products. Similarly, policymakers can use information about producer surplus to evaluate the impact of policies on different industries and to design policies that promote economic growth and efficiency.
learn more about producer surplus here:
https://brainly.com/question/31667628
#SPJ11
You are a salesperson in a vitamin store. What steps can you take to move up the company?
Answers
Answer:
these are some six steps to move up the company ☝
hope it helps
a small retail shop in the local community offers a wide variety of women's clothing at low prices. in order to be competitive with larger chains found at the mall, the store owner frequently works alone, and she has adjusted store hours to capitalize on busy days. what should this retail shop owner be pursuing as part of her general business-level strategy?
Answers
The retail shop owner should be pursuing a cost leadership strategy as part of her general business-level strategy.
Cost leadership strategies focus on achieving lower costs than competitors in order to be competitive in the market and to offer customers lower prices. The retail shop owner can pursue this strategy by minimizing the cost of labor and overhead, such as by working alone and adjusting store hours to capitalize on busy days. Additionally, the retail shop owner should focus on efficient production and distribution processes to minimize costs.
The shop owner can also differentiate her product offering from that of her larger competitors by offering unique or exclusive items, or through improved customer service. This will create a competitive advantage for her business and can help her attract and retain customers.
By pursuing a cost leadership strategy, the retail shop owner can remain competitive and increase her profits by offering her customers low prices. She can also differentiate her products and services from those of her competitors, which can help her attract and retain customers. Ultimately, her goal should be to create a successful and sustainable business by achieving a lower cost structure than her competitors, offering unique or exclusive products, and delivering exceptional customer service.
For more such questions on Cost leadership strategy.
https://brainly.com/question/30135885#
#SPJ11
What is production possibility curve with example?
Answers
Under resource constraints, the production possibilities curve shows the maximum output for two goods. It also exemplifies the opportunity cost of resource allocation choices.
What is the set of production possibilities?The graph known as the "production possibility frontier" shows the different ways two commodities could be produced while resources are fixed. Only by compromising the production of the other commodity can the production of one commodity be raised.
Imagine a country that annually produces 120,000 apples and 20,000 oranges. The point B on the diagram is there. If it keeps making the same number of apples, it cannot grow additional oranges. It can only generate 85,000 apples for every 45,000 oranges produced, as seen by point C on the graph.
What significance does the production possibility curve have?The production possibility curve is significant because it can show the maximum amount of output that can be produced with a particular set of resources. This can aid economists in understanding and projecting the productive activity of a nation or other unit at the macroeconomic level.
Learn more about production possibility curve: https://brainly.com/question/15179228
#SPJ4
Bad thing happen because of bad choices I’ve made true or false
Answers
Poor decisions lead to undesirable Bad thing outcomes. Making decisions can be challenging for a variety of reasons, including a fear of failure, a lack of confidence, or a lack of knowledge. True.
We are all guilty of making choices that, from certain angles, can be considered "poor." But, these "poor" choices do not convert us into awful people. We don't have to feel guilty about our choices if we're prepared to grow from them and use the experiences to become better people.
Your mind will likely be saturated with regret after making a poor decision. It turns out that this remorse may be a really effective instrument, according to Ritter. Regret might really benefit you by helping you recall the mistakes you wish to make in life.
Learn more about Bad thing Visit: brainly.com/question/18404977
#SPJ4
How has the u.s. fish and wildlife service positively impacted ecosystems? a. by regulating private land use b. by conserving wildlife habitats c. by banning hunting and fishing d. all of the above please select the best answer from the choices provided a b c d
Answers
The U.S. fish and wildlife service positively impacted ecosystems by conserving wildlife habitats.
Why is conservation of wildlife habitats important?This is important for the preservation of the wild forest and the ecosystem at large.
Hence, the fish and wildlife service positively impacted ecosystems by conserving wildlife habitats.
Therefore, the Option A is correct.
Read more about wildlife conservation
brainly.com/question/7141701
pls help me
1. What is the count number of the statement?
2. Was there any check card activity? If so, how many transactions were there, and what was the total amount?
3. Were there any service charges? If so, what was the total amount?
4. What is the total of all withdrawals (checks, ATM transactions, check card transactions, service charges)?
Answers
Answer:
lol it is du green one lololol dont tell on me
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering three alternatives, A (new location), B (subcontract), and C (expand existing facilities). Alternative A would involve substantial fixed costs but relatively low variable costs: fixed costs would be $250,000 per year, and variable costs would be $500 per boat. Subcontracting would involve a cost per boat of $2,500, and expansion would require an annual fixed cost of $50,000 and a variable cost of $1,000 per boat. A. Find the range of output for each alternative that would yield the lowest total cost. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest whole number. Do not include the indifference point in your answer. )A or moreB to C to b. Which alternative would yield the lowest total cost for an expected annual volume of 150 boats? ABC
Answers
To find the range of output for each alternative that would yield the lowest total cost, we need to compare the total costs for different levels of output. Let's calculate the total costs for each alternative and find the ranges:
Alternative A:
Total cost (A) = Fixed costs + (Variable costs per boat * Number of boats)
Total cost (A) = $250,000 + ($500 * Number of boats)
Alternative B:
Total cost (B) = Cost per boat * Number of boats
Total cost (B) = $2,500 * Number of boats
Alternative C:
Total cost (C) = Fixed costs + (Variable costs per boat * Number of boats)
Total cost (C) = $50,000 + ($1,000 * Number of boats)
Now, let's compare the total costs for different output levels:
For Alternative A to be the lowest cost option:
Total cost (A) < Total cost (B) and Total cost (A) < Total cost (C)
For Alternative B to be the lowest cost option:
Total cost (B) < Total cost (A) and Total cost (B) < Total cost (C)
For Alternative C to be the lowest cost option:
Total cost (C) < Total cost (A) and Total cost (C) < Total cost (B)
Now, let's calculate the ranges of output for each alternative:
For Alternative A to be the lowest cost option:
$250,000 + ($500 * Number of boats) < $2,500 * Number of boats and $250,000 + ($500 * Number of boats) < $50,000 + ($1,000 * Number of boats)
Simplifying the above inequalities will give you the range of output for Alternative A.
Similarly, calculate the ranges for Alternative B and Alternative C by comparing the total costs.
b. To determine which alternative would yield the lowest total cost for an expected annual volume of 150 boats, calculate the total costs for each alternative at that volume and compare them. Choose the alternative with the lowest total cost.
To knnow more about workload please visit:
https://brainly.com/question/28880047
#SPJ11
i submitted my transfer applications 6 minutes late due to a technical problem. do you think my application will still be considered?
Answers
It is possible that your application may still be considered, depending on the school's policy. Many universities have provisions for late applications, often with a penalty such as a late fee or additional paperwork.
You should contact the school directly to inquire about their policies and discuss the technical problem you faced. If you explain the circumstances surrounding your late submission, the school may be willing to make an exception and accept your application.
It is important to act quickly and be prepared to provide any additional information the school may require. Ultimately, the school's policy will determine whether your application is still considered, so it is important to reach out and ask as soon as possible.
Know more about provisions here
https://brainly.com/question/30037202#
#SPJ11
Why is it important to be held accountable for your actions?
3 sentences
Answers
five example of the key elements of effective event planning?
Answers
Answer:
1) Know your Audience.
2)Engage your Guests.
3) Set Reasonable Budget Expectations.
4)Set an Intention for your Event.
5)Draft a plan and follow the timeline: ...
Explanation:
Selling short-term treasury bills and buying longer-term treasury bonds without creating more new money is called: Multiple Choice standard monetary policy. precommitment policy. quantitative easing. operation twist.
Answers
Answer:
operation twist.
Explanation:
The operation twist refers to the transactions in which it includes the buying and sale of government securities to raise up the economy so that the long term rate of interest could be fall
Therefore in the situation, it is mentioned that by selling off the short term treasury bills and in exchange long term bond are purchased so this represents the operation twist
Hence, the last option is correct
Describe the major components of business conduction plan.
Helppp AHHHH
Answers
Answer:
Heya there!
Here's ya answer.
Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordinationExplanation:
According to project globe, which category of leadership behavior refers to the extent to which leaders are nonautocratic and involve others in making decisions?
Answers
According to the Project GLOBE, the category of leadership behavior which refers to the extent to which leaders are nonautocratic and involve others in making decisions is referred to as participative.
The Project GLOBE study helps the leaders in order to understand the role of culture in leadership. By understanding one's culture, as well as that of others, it brings awareness of different perceptions of leadership.
In this study, the participative style is a leadership style which tends to seeks and include others in the leadership process. Therefore, this participative style lacks autocratic rule.
Hence, the project GLOBE also known as the Global Leadership and Organizational Behavior Effectiveness Project.
To learn more about Project GLOBE here:
https://brainly.com/question/10090169
#SPJ1
What the the importance of modernization in business?
Answers
Answer:
6 Key Reasons Why Business Modernization Is Important
It's about improving the customer experience and engaging with your shoppers on a deeper level. It improves efficiency, add convenience, grows communication, increases customer outreach, builds more security, and expands marketing channels.
solving for rates what annual rate of return is earned on a $2,100 investment when it grows to $4,700 in nineteen years?
Answers
The annual rate of return earned on the $2,100 investment when it grows to $4,700 in nineteen years is approximately 5.9%.
To solve for the annual rate of return earned on a $2,100 investment when it grows to $4,700 in nineteen years, we can use the following formula:
\(Final Value = Initial Value x (1 + Rate)^{Time\)
Where:
Final Value = $4,700
Initial Value = $2,100
Time = 19 years
Plugging in the given values and solving for the rate:
$4,700 = $\($2,100 * (1 + Rate)^{19\)
Dividing both sides by $2,100:
\(2.238 = (1 + Rate)^{19\)
Taking the 19th root of both sides:
1 + Rate = 1.059
Subtracting 1 from both sides:
Rate = 0.059 or 5.9%
To know more about annual rate of return refer here
https://brainly.com/question/17164328#
#SPJ11
Auto insurance claims Auto insurance claims come from policies that are classified into three groups, corresponding to different deductible amounts and the expected size of an eventual claim. The classifications are: Low (L), Medium (M) and High (H). Historically, 80% of all claims are classified L,15% are classified M and the remaining are classified H. In addition to the large expected differences in observed in claim sizes between each of these three groups, differences are also expected to be observed in claim amounts within each classification group. To reflect this, claims within each group are described as arising from a shifted Pareto probability distribution, with the random claim amounts having probability density function (pdf) given by f
Y
(y∣θ
j
)=
y
3
2θ
j
2
,y>θ
j
, for y in group j, and j=L,M and H and where where Y=y represents the size of an individual claim, in $1000 dollars. Note that if y≤θ
j
, then f
Y
(y∣θ
j
) is defined to equal zero.
1
The parameter for each of the classes L,M and H, are given by θ
L
=1, θ
M
=3 and θ
H
=7 Note that although there is a different lower bound on the size of a claim for each classification, there is no upper bound. If you know that a claim is more than $1000 and less than $3000, the probability that the claim is from the low group is one. Select one: True False Which of the following statements are correct regarding the denominator in Bayes' Theorem in this example? Note: there could be multiple answers, which receive partial marks. So select all choices that are correct. Can be defined as f(y) Will be different for different values of y Is known as the normalising constant Must sum to one Is not a function of θ What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $7500 Answer: What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $4500 Answer: What is the value of the normalising constant (to 4 decimal places) if we receive a claim of $2000 Answer:
Answers
Is not a function of θ.Will be different for different values of y.Can be defined as f(y).If we receive a claim of $7500, the value of the normalizing constant would be 0.0425. If we receive a claim of $4500, the value of the normalizing constant would be 0.2309. If we receive a claim of $2000, the value of the normalizing constant would be 0.6492.
Auto insurance claims come from policies that are classified into three groups, corresponding to different deductible amounts and the expected size of an eventual claim. The classifications are Low (L), Medium (M), and High (H). Historically, 80% of all claims are classified L, 15% are classified M and the remaining are classified H.In addition to the large expected differences observed in claim sizes between each of these three groups, differences are also expected to be observed in claim amounts within each classification group. To reflect this, claims within each group are described as arising from a shifted Pareto probability distribution, with the random claim amounts having a probability density function (pdf) given by `f(Y|θj)`.The parameter for each of the classes L, M, and H, are given by θL = 1, θM = 3, and θH = 7. Note that if y ≤ θj, then `f(Y|θj)` is defined to equal zero.The probability that the claim is from the low group is one, if you know that a claim is more than $1000 and less than $3000. This statement is false. The probability is not 1, it is just more likely that the claim is from the low group. The denominator in Bayes' Theorem in this example:Must sum to one.Is known as the normalizing constant.Is not a function of θ.Will be different for different values of y.Can be defined as f(y).If we receive a claim of $7500, the value of the normalizing constant would be 0.0425. If we receive a claim of $4500, the value of the normalizing constant would be 0.2309. If we receive a claim of $2000, the value of the normalizing constant would be 0.6492.
To know more about value visit:
https://brainly.com/question/30145972
#SPJ11
Byrd and Katt formed a partnership and agreed to divide initial capital equally, even though Byrd contributed $200,000 and Katt contributed $168,000 in identifiable assets. Under the bonus approach to adjust the capital accounts, Katt's unidentifiable asset should be debited for
A.) $92,000
B.) $32,000
C.)$16,000
D.)$0
Answers
Under the bonus approach to adjust the capital accounts, Katt's unidentifiable asset should be debited for $32,000. Therefore, the correct option is B.
Byrd and Katt formed a partnership and agreed to divide initial capital equally, even though Byrd contributed $200,000 and Katt contributed $168,000 in identifiable assets. To compute the bonus, follow the formula:
Bonus = Partner's Capital Account - ((Partner's Identifiable Assets ÷ Total Identifiable Assets) × Total Capital Contributed)
Here, the bonus for Katt is:
Bonus = Partner's Capital Account - ((Partner's Identifiable Assets ÷ Total Identifiable Assets) × Total Capital Contributed)
Bonus = $200,000 - (($168,000 ÷ $368,000) × $368,000)
Bonus = $200,000 - ($0.4565 × $368,000)
Bonus = $200,000 - $167,967.42Bonus = $32,032.58
As per the bonus approach to adjust the capital accounts, Katt's unidentifiable asset should be debited for $32,032.58. Thus, the correct option is B.) $32,000.
Learn more about Asset:
https://brainly.com/question/27972503
#SPJ11
Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action flick. However, your mother left you firm instructions to mow the lawn. You will risk losing your allowance if you don't mow the lawn. Apply what you have learned in this course. a) Create a decision-making grid similar to the one you learned about in Unit 2. Then decide which would be the best use of your time. b) Make a choice as to which you will do. Write an explanation (at least one well- developed paragraph in length) in which you explain how you have decided to use your time and why you made that particular choice. Your explanation should include terms such as "opportunity cost" and "trade-off" and your reasoning for making the choice you made.
Answers
The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.
What is Opportunity Cost?Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.
In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.
However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.
The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.
Learn more about Opportunity Cost here:
https://brainly.com/question/12121515
#SPJ1
Seadrill Engineering licensed software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. The total transaction price is $350,000. Based on standalone values, the company estimates the consulting services and support have a value of $100,000 and the software license has a value of $250,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes
Answers
Answer:
A credit to sales revenue for $250,000 and
A credit to unearned service revenue of $100,000
Explanation:
Based on the information given we were told that the support have a value of the amount of $100,000 and the software license has a value of the amount of $250,000 which means that in a situation where the performance obligations are not interdependent, the appropiate journal entry to record the transaction will includes:
A CREDIT to SALES REVENUE $250,000
A CREDIT to UNEARNED SERVICE REVENUE $100,000
Ex 1. In an article in Marketing Science, Silk and Berndt investigate the output of advertising agencies. They describe ad agency output by finding the shares of dollar billing volume coming from various media categories such as network television, spot television, newspapers, radio, and so forth. a. Suppose that a random sample of 400 U.S. advertising agencies gives an average percentage share of billing volume from network television equal to 7.46 percent, and assume that σ equals 1.42 percent. Calculate a 95 percent confidence interval for the mean percentage share of billing volume from network television for the population of all U.S. advertising agencies. b. Suppose that a random sample of 400 U.S. advertising agencies gives an average percentage share of billing volume from spot television commercials equal to 12.44 percent, and assume that σ equals 1.55 percent. Calculate a 95 percent confidence interval for the mean percentage share of billing volume from spot television commercials for the population of all U.S. advertising agencies. c. Compare the confidence intervals in parts a and b. Does it appear that the mean percentage share of billing volume from spot television commercials for U.S. advertising agencies is greater than the mean percentage share of billing volume from network television? Explain.
Answers
Based on the calculated confidence intervals, it is not possible to definitively conclude whether the mean percentage share of billing volume from spot television commercials for U.S. advertising agencies is greater than the mean percentage share of billing volume from network television without further analysis of the overlapping intervals.
a. For the mean percentage share of billing volume from network television for all U.S. advertising agencies, with a sample mean of 7.46 percent and a sample size of 400, we can calculate a 95 percent confidence interval. Given that the population standard deviation (σ) is 1.42 percent, the confidence interval can be determined using the formula:
Confidence Interval = Sample Mean ± (Z * (σ / √n))
Using a Z-value corresponding to a 95 percent confidence level (typically 1.96), the confidence interval can be calculated.
b. Similarly, for the mean percentage share of billing volume from spot television commercials, with a sample mean of 12.44 percent, a sample size of 400, and a population standard deviation of 1.55 percent, we can calculate a 95 percent confidence interval using the same formula as in part a.
c. To compare the confidence intervals from parts a and b, we examine whether the intervals overlap or if one interval is entirely higher than the other. If the confidence intervals do not overlap, it suggests that the mean percentage share of billing volume from spot television commercials is significantly different from the mean percentage share of billing volume from network television. However, if the intervals overlap, it indicates that there is no significant difference between the two means, and we cannot conclude that one is greater than the other without further analysis.
To make a definitive conclusion, we would need to compare the lower and upper bounds of the confidence intervals obtained in parts a and b and assess if they overlap or if one interval is entirely higher than the other. This would determine whether there is evidence to support the claim that the mean percentage share of billing volume from spot television commercials is greater than the mean percentage share of billing volume from network television.
Know more about Percentage here :
https://brainly.com/question/32197511
#SPJ11
Which research tool would be most effective when gathering data on how employees feel about carpooling
Answers
Answer: i think the best way would be a poll
the adjustment for underapplied overhead
Answers
Answer: The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.
_____ deals with reporting to outsiders. _____ accounting deals with the internal operations of the firm.
Answers
Answer:financial accounting, managerial accounting
Explanation:
External reporting is a focus of financial accounting. Managerial accounting is concerned with a company's internal operations.
Why is managerial accounting more suitable for internal reporting?The information is more precise, timely, and specialized in managerial accounting. Since managerial accounting is not subject to GAAP, there is an infinite amount of flexibility in the kinds of reports and data gathered.
The first type of accounting was financial accounting. It is mostly limited to the creation of financial statements for use by third parties such as creditors, banks, financial institutions, shareholders, and holders of debentures.
Managerial accounting is primarily concerned with assessing the internal requirements of businesses and resolving issues that have an impact on revenue streams, overall financial stability, and long-term profitability.
Learn more about managerial accounting here:
https://brainly.com/question/14570679
#SPJ2
when should you establish objectives for your risk management plan?
a. After implementing risk mitigation strategies
b. During the evaluation phase of the project
c. At the beginning of the planning process
d. When a crisis or incident occurs
Answers
It is important to establish objectives at the beginning of the planning process for a risk management plan because they provide a clear direction and purpose for the plan. c. At the beginning of the planning process
Why should objectives be established at the beginning of the planning process for a risk management plan?Objectives help define the desired outcomes and goals that the risk management plan aims to achieve. By setting objectives early on, the organization can align its risk management activities with its overall strategic goals and priorities.
Establishing objectives at the beginning of the planning process allows for a systematic and proactive approach to risk management. It enables the identification of key risks, the development of appropriate risk mitigation strategies, and the allocation of necessary resources.
Objectives also serve as a benchmark for evaluating the effectiveness of the risk management plan and measuring its success in addressing identified risks.
Learn more about risk management plan
brainly.com/question/33103171
#SPJ11
Which one of these is NOT a reason pale malt is called the "workhorse" malt?
Answers
One reason that is NOT attributed to pale malt being called the "workhorse" malt is its ability to add strong, distinct flavors to a beer.
What's Pale maltPale malt is known as the "workhorse" malt in the brewing industry due to its versatility and ability to be used in a wide range of beer styles.
It is highly fermentable and has a neutral flavor profile that allows it to complement other malts and ingredients in a recipe. Additionally, pale malt contributes to the beer's color and body.
While specialty malts are often used for this purpose, pale malt is typically used as a base malt to provide a solid foundation for the other ingredients in a beer recipe.
Learn more about beer processing at
https://brainly.com/question/29517267
#SPJ11
go fol l ow my t i k t o k
Answers
Explanation:hehe
Which theory argues that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas?
Answers
Dependency Theory argues that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas.
Dependency theory is the theory that argues that political and economic relationships between countries and regions of the world govern and limit opportunities for economic development in poorer regions.
Among the many injustices living in these moments regarding the huge difference between the world's richest and the world's poorest countries, the theory of dependence is an example of the inequalities that exist on the planet.
This theory suggests that there are underdeveloped countries that are exploited by the developed and the rich. how do you do that? By utilizing the many raw materials and natural resources of this poor country.
This is a problem where poor countries have sufficient resources but lack the funds to invest in the infrastructure to have an industry that converts these raw materials into commodities.
Learn more about Dependency Theory here: https://brainly.com/question/21478525
#SPJ4
What are 4 things you should consider before opening a checking account?.
Answers
The 4 things to consider before opening a checking account are Insurance, Minimum deposit requirements, Fees and ATM network.
What are 4 things you should consider before opening a checking account?The 4 things that should be considered before opening a checking account are:
Factor 1 : Insurance Protection - Make sure the bank or credit union where you open the account offers insurance from the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA).Factor 2 : Minimum balance specifications - In order to avoid costs, many checking accounts demand that you keep a specific amount. A monthly maintenance fee of up to $15 will apply if the balance criteria are not met.Factor 3: Fees - Checking accounts have different access fees for your money, just like the majority of financial goods.Factor 4 : Network of ATMs- You'll need to utilize an ATM and/or go to a branch location to withdraw money if you frequently pay with cash. The access to thousands of free ATMs offered by checking accounts is a blessing.To learn more about checking account, refer:
brainly.com/question/24751568
#SPJ4
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
Answers
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
Become familiar with
Insurance
Visit
https://brainly.com/question/989103