What are the differences between creditor insurance and personally owned term insurance?

Answers

Answer 1
Answer:

Explanation:

Businesses may choose to offer creditor insurance as a way to protect their customers' debt obligations in the event of death or disability. This type of insurance is typically offered by financial institutions and covers the outstanding balance of a loan or credit card. It can provide peace of mind for both the borrower and the lender, ensuring that the debt is paid off even if the borrower is unable to make payments.

On the other hand, personally owned term insurance is a type of life insurance that is purchased by an individual and provides coverage for a specified period of time (the term). Unlike creditor insurance, personally owned term insurance can be used to cover a variety of expenses, including mortgage payments, education expenses, and living expenses for dependents. The policyholder has more control over the coverage amount and beneficiaries, and the policy can be renewed or converted to a permanent policy at the end of the term.

Overall, creditor insurance and personally owned term insurance serve different purposes and may be appropriate for different individuals depending on their needs and financial situation.


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Suppose that you receive a text message on your phone from one of your favorite online retailers about a 50 percent off sale for the next 24 hours. The company that sent you the text message is engaging in​ _____ marketing. A. green
B. annoyance
C. traditional
D. social media
E. mobile

Answers

Answer: Mobile Marketing.

Explanation:

The company that sent the text message is making use of mobile marketing to promote their products to consumers. Mobile Marketing involves marketers promoting their products to it's consumers, by targeting to reach the consumers through the various means of communication on their phones.

For what types of goods and services is it worthwhile to plan before shopping?

Answers

In buying goods and services,it is worthwhile to plan for a good or services that is something to be owned for a while. Like for example, appliances, furniture, vehicles or pricey gadgets. You must ofcourse consider the quality of it over the price. 

Answer:

I took inspiration from the answer above me and reworded it and made it slightly lengthier. Almost all credit goes to them.

Its best to plan to get a good or service that is very beneficial in many ways, or it can be used/owned for a decent amount of time for the price that you're paying. You should always think about the quality of the object before buying it, and also looking over reviews from other consumers if there are any. If an object or service has no customer reviews shown, think it through and ask yourself if it's really worth taking the risk and being the "first" consumer of the product. You also want a good bargain, if a product looks like a great deal for its price, think it through, and if you decide you really want it, and you think that you'll have no regrets, then go for it.

For me, I used this answer and got a 100% for a journal activity on Edg.

Which of these investments may pay dividends?

Answers

Since you provide no options, Stock investment may pay dividend

The amount of dividend will be depended on how many stocks you own and how much is that's company net income in that year

for example, if you own 10 % of the company, and the company announced that they will pay $ 10,000 as dividend this year, you will get dividend payment of $ 1,000 

Dividends may be paid by stocks as a return on investment. Therefore, option d is correct.

A dividend is a payment made by a corporation to its shareholders as a distribution of profits. It represents a portion of the company's earnings that is distributed to shareholders based on the number of shares they own.

Dividends are typically paid in cash, but they can also be issued as additional shares of stock or other forms of property.

Dividends serve as a reward to shareholders for their investment in the company and provide them with a direct return on their ownership. They are often seen as a sign of financial stability and profitability for the company.

Therefore, option d is correct.

Learn more about Dividend here:

brainly.com/question/33510136

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Most probably, your complete question is this:

Which of these investments may pay dividends?

a. Bonds

b. Savings accounts

c. Certificates of deposit

d. Stocks

In order to perform management functions, a manager must possess the ability to think in abstract terms in order to see the "big picture." This skill is known as a(n):

Answers

Answer: Conceptual skills

Explanation: Conceptual skills of a manager refers to the ability of the manager to visualize the entire organisation he works for and taking into consideration all the abstract factors in decision making process.

As per the modern theories in business management conceptual skills are important for a manager.

Thus, from the above we can conclude that the right answer to the given problem is conceptual skills.

In the Classical Theory, it is the price-wage-interest rate _____________ that restores the economy to full employment if Household or Business spending declines..

Answers

Answer:

flexibility

Explanation:

According to classical economists, the price-wage-interest rate flexibility refers to a combination of flexible factors that maintains economic stability:

  • Flexible interest rates keeps the money markets (loans) in equilibrium.
  • Flexible wages keeps the labor market in equilibrium.
  • Flexible prices keeps the goods and services markets in equilibrium.

Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.

On December 31, Year 1, Gaskins Co. owed $4,500 in salaries to employees who had worked during December but would be paid in January. If the year-end adjustment is properly recorded on December 31, Year 1, what will be the effect of this accrual on the following items for Gaskins? Net Income Cash Flow from Operating Activities A. No effect No effect
B. Decrease No effect
C. Increase Decrease
D. No effect Decrease

Answers

Answer:

B. Decrease No effect

Explanation:

As for any financial year when there is any outstanding liability then that liability is increased, for current year.

Provided, salary for the month of December is to be paid in January next year.

Therefore on accrual basis the expense will be added to current year which will decrease net income of current year.

Now talking about cash flow, under direct method it will not be considered as no cash payment is involved and in case of indirect method,

net income will be considered where salary expense is deducted,

Further increase in outstanding liability of salary, is added to operating activity as increase in current liability is added to operating cash flows.

Correct option therefore, is

B. Decrease No effect