On January 8, an applicant filled out an application for a life insurance policy but did not include the initial premium. The insurance company approved the application on January 14 and issued the policy January 15. The producer delivered the policy on January 26 and collected the first premium. When did the coverage become effective

Answers

Answer 1
Answer:

Answer: January 26

Explanation:

A life insurance policy is simply a contract that an individual has with an insurance company whereby the individual makes premium and in turn, the insurance company would have to give a death benefit, to the beneficiaries of the insurance policy once the insured dies.

Based on the information in the question, the coverage become effective on January 26 which was the day the policy was delivered and the first premium was collected.

Answer 2
Answer:

The coverage of the life insurance policy becomes effective on 26th January.

A life insurance policy is an agreement between a policyholder and a life insurance company. In return for premiums paid by the policyholder during their lifetime, a life insurance policy promises the insurer will pay an amount of money to one or more named beneficiaries after the covered person passes away.

Life insurance is a binding agreement that provides the policyholder with a death payout in the event that the covered person passes away.

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Which describes an apartment? not attached to any other houses and intended for one household attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders

Answers

Answer: attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders. 

An apartment is a row of houses with one common entrance and a hallway. It belongs to one building wherein the rows of apartment are attached and is managed by landlords. 

attached to other houses in a long row

Khan Corporation has budgeted the unit sales for April to be 5,000 units. The sales price is $25 per unit, and production costs are $10 per unit. Monthly utility expenses are estimated to be $2,000 plus $2 per unit, whereas selling expenses are estimated to be $12,000. The company pays a monthly rent of $2,000. What is the net operating income in the company's planning budget? a. $49,000 $b. 62,000 c. $125,000 d. $72,000

Answers

Answer: $49,000

Explanation: Net operating income is the income that a company left with after paying for fixed and variable expenses. It is sometimes denoted as EBIT, earnings before interest and tax.

EBIT = Sales - ( fixed expense + variable expenses )

sales = 5,000 * $25 = $125,000

variable expense = 5,000 *( $10 + $2 ) = $60,000

fixed expenses = $2000 + $12000 + $2000 = $16,000

so,

EBIT = $125,000 - (  $16,000 + $60,000 )

        = $49,000

What range of interest rate on atraditional loan can a company in good
financial standing expect from a bank?
A. 1% up to 10%
B. 15% up to 25%
C. 30% up to 45%
D. 50% and up.

Answers

The correct answer is B

What name is given to the price a dealer pays when purchasing a car from a manufacturer? A. Market price B. MSRP C. Book value. D. Invoice price. .

Answers

D. Invoice Price. The invoice price is the price that appears on the invoice that the manufacturer sends to the dealer when the dealer receives a car from the factory.

D . Invoice Price is correct on APEX as well :)

Which type of networking doesn't require a password to access

Answers

A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.

What is a password?

Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.

WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.

Therefore, the Wi-Fi networkwith WPS security requires no password to access the network.

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Final answer:

An Open Network is a type of networking that doesn't require a password to access. These networks are commonly found in public places, but they are not as secure as password-protected networks.

Explanation:

The type of networking that doesn't require a password to access is referred to as an Open Network. An Open Network is a wireless network that allows devices to be connected without the need for a password or any kind of security key. This type of network can be found in public places like restaurants and libraries for the convenience of users. However, the major downside is that these networks are not as secure as password-protected networks and therefore leave users more vulnerable to cyber-attacks.

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The plaintiff in a criminal case is the government/district attorney.
True
False

Answers

Answer:

False

Explanation: