Which of the following two statements are true of ordinary whole-life insurance policies? a. the insured pays premiums on this type of insurance until his death. b. ordinary whole life insurance covers the insured for the stated term of the policy. c. ordinary whole life insurance has some value as an investment. d. the insured only has to pay on this type of policy for a certain number of years.
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University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
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Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
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Which of the following two statements are true of ordinary whole-life insurance policies? a. the i...
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