Answer:
C) A child prodigy for whom his mother, as custodian, opened an account at a major securities firm.
Explanation:
The Uniform Securities Act is statute that guides state on how they design their securities laws. The Security and Exchange Commission set up these guides to protect investors from securities fraud at the state level
According to the Uniform Securities Act a person is an individual, trust, corporation, unincorporated company, government, or a division of government that enters into a legal contract.
A child is not able to enter into a legally binding contract, so they are not considered to be a person according to the Uniform Securities Act.
An adult can be the only individual considered as a person. They can open the account on behalf of the child
Answer:
Option D. Any of the above.
Explanation:
The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:
So all of the options can alter the contract existence. So the right answer is option D.
Answer:
Answer is D. Any of the above.
Refer below.
Explanation:
Therefore,
Any of the above.
It includes all three of them,
A.Packaging objects to the new terms within a reasonable time.
B. Packaging's form expressly required acceptance of its terms.
C.the additional terms materially alter the original contract.
When you take out an insurance policy your monthly premium is the amount you pay each month to keep your insurance. In this case, the $200 a month premium allows you to file a claim if something were to happen because you are paying for the insurance services. When you set up your premiums they will base your monthly service rates off of your deductible amount if you need to file a claim. The out-of-pocket for a car accident with a deductible of $700 is $700. Once the deductible is paid, the insurance will pay out for the damage.
The maximum amount of out-of-pocket expenses is $700.
Further Explanation:
Deductible in health insurance:
The deductible is the amount that the insured person has to pay for the health care services before the insurance company starts to pay. An insurance company pays for the health care bills after a specific limit. The insured person has to pay the health expenses up to a specific limit. This limit is known as the deductible.
Out-of-pocket expenses:
It is the maximum amount of expenses that the insured person has to pay for medical expenses. It includes the deductible, coinsurance, and co-payment. Premium paid on the insurance policy is not considered in the out-of-pocket expenses.
Out-of-pocket expenses in case of a car accident:
In the given case, the deductible is $700. The out-of-pocket expense includes the deductible, coinsurance, and co-payment. There is no provision of coinsurance and co-payment in the given case. Therefore, $700 will be considered as out-of-pocket expenses.
Thus, the maximum amount of out-of-pocket expenses is $700.
Learn more:
1. Learn more about health care insurance
2. Learn more about the insurance rules
3. Learn more about the insurance cover
Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Insurance
Keywords: Your, auto, insurance, policy, has, a $200, monthly, premium, and, $700, deductible, What, is, the, maximum, amount, you, will, have, to, pay, out-of-pocket, for, a, car, accident, before, your, insurance, covers, your, costs.
Answer:
B. You never have to wonder if you are forgetting something
Explanation:
When presenting a business plan to a group of potential investors, you must expect questions to be thrown at you. You have to respond to those questions in a non-aggressive and professional manner. Here are some tips.
1. You have to listen and absorb each question.
2. Commend the person who asked the question by saying something like “Thanks. That’s a good question.”
3. Respond to the questions honestly and to the best of your ability. If you do not know the answer to the question, tell them that you will have to research more on it and will get back to them.
4. You have to also make sure that the potential investors understood your answer by clarifying, “Does that answer your question?”
Answer:
Explanation:
AI-generated answer
Comparing past and present performance of the same company or comparing business performance against the performance of other businesses in the same industry serves multiple purposes. Some of these purposes include:
C) To identify areas for improvement: By comparing past and present performance, a company can assess its progress over time. This comparison helps identify areas where the company has improved or declined. It allows management to analyze trends, evaluate strategies, and make informed decisions on how to enhance the company's performance.
D) To set employee salaries: Comparing business performance against other companies in the same industry can provide valuable insights for setting employee salaries. It helps determine the company's competitive position in terms of financial performance, which can influence compensation decisions. For instance, if a company is performing better than its competitors, it may be able to offer higher salaries to attract and retain talented employees.
In addition to these two options, comparing past and present performance or business performance against industry peers can also help in assessing market demand and calculating taxes. However, the primary purposes are to identify areas for improvement and set employee salaries.