Which of these practices is regarded as being unethical? Select one: a. Removing a faulty product from the marketplace b. Prompt payment of an account payable c. Working at the theatre and allowing a friend to enter without a ticket d. All above practices are ethical

Answers

Answer 1

Answer:

c. Working at the theatre and allowing a friend to enter without a ticket

Explanation:

An unethical behavior is when a person acts in a way that is considered to be morally wrong like violating a law or stealing something and an ethical behavior refers to doing the right thing. From the options given:

-Removing a faulty product from the marketplace is doing something good because you are avoiding to deceive a customer with a product that you know that doesn't work properly and it is an ethical behavior.

-Prompt payment of an account payable is something good that you should to do when doing business and it is an ethical behavior.

-Working at the theatre and allowing a friend to enter without a ticket is something wrong because you are letting someone in wjthout paying which  violates the rules of the theater and it is an unethical behavior.

According to this, the answer is that the practice that is regarded as being unethical is working at the theatre and allowing a friend to enter without a ticket.


Related Questions

creation of demand for goods is the primary objective of business?is it true​

Answers

Yes its true because if there is no demand for a specific product that a business is producing then how could It earn profit in terms if survival in the market.

Yes, it is true because a company cannot make a profit in order to survive in the market if there is no need for the particular product it is manufacturing.

There is only one true definition of a company purpose, according to Drucker: "To create a customer." Profits are not created in a vacuum. They are the end product of the businessman's tireless efforts to meet customers' needs.

In the long run, a company's ability to survive fully rests on the amount of market share it can secure.

One of the main goals of the business is to produce goods and satisfy consumer wants. Therefore, the business must offer high-quality, reasonably priced products in order to generate profit and demand.

Hence, the given statement is true about creation of demand as it is the fundamental objective of business.

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5. Your light bulb manufacturer pre-sells about 75% of their product. The remainder of the finished stock is stored in a warehouse that they own. There
loss to the warehouse and all the unsold finished stock is destroyed. How is this covered?
Manufacturers Selling Price Endorsement
Business Income
Commercial Property
Contingent Business Interruption
4

Answers

The coverage for the loss of the warehouse and unsold finished stock would typically fall under the Commercial Property insurance policy. The correct option is C.

Commercial property insurance covers physical loss or damage to a company's assets, such as its buildings, contents, and inventory. There are various coverage alternatives available for this situation within the Commercial Property policy. It's possible that the manufacturer has a policy endorsement referred to as "Manufacturers Selling Price Endorsement" or "Selling Price Endorsement." This endorsement does not cover the cost of manufacture or market value, only the loss of finished items or products at their selling price.

Thus, the ideal selection is option C.

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Draft a memo to the Department of Trade and Industry’s Chief Operating Officer
addressing how BG will implement its turnaround strategy

Answers

Turnaround management is focused on reviving businesses. To save faltering firms, restore their financial stability, and identify and solve the causes of subpar market performance, analysis and planning are utilized.

A turnaround plan is what?

A turnaround plan is a method for restructuring and turning around a failing business so that it starts to make money. The industrial units can be put back in their original configurations to stabilize the company's performance. The devotion and commitment of the senior management is now crucial to the strategy's success.

What are a turnaround strategy's primary objectives?

An organization may develop and carry out a turnaround strategy to enhance the performance of a struggling business or promote a flourishing one. Therefore a turnaround plan's objective is to move a business from a situation where it is losing money or doing poorly to one where it is profitable.

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Which of the following is a reason that businesses invest in capital, such as technology and new equipment? Decrease production possibilities Increase production possibilities Maintain production possibilities An outcome cannot be determined

Answers

A reason that businesses invest in capital is to increase the production possibilities.

Why do businesses invest in capital?

Capital include all the man-made resources that are used in the production process. Capital is one of the factors of production. Examples of a capital include technology and new equipment.

Capital increases the production possibilities of a firm and it is also increase the efficiency and quality of output. For example, imagine that a company stores records in files in a cabinet. Now, imagine that the firm buys a computer and uses the computer to store information instead. The amount of data that can be stored now has increased. Also, the data stored are better preserved.

Some of the disadvantages of capital is that it can be expensive to acquire and sometime it can render the job functions rendered by humans obsolete.

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Answer:

Increase production possibilities

Explanation:

just took the quiz

suppose you want to open a shoe company sugges names for this​

Answers

Answer:

New Kick

Boundless

Brave Sole

Laced

kicks galore
shoe palace
coolkicks

If you decide to take a break and go for a hike in order to focus less consciously on the creative process, which stage is the creative process are you experiencing?

Answers

Answer: Incubation

Explanation: In the incubation stage the person moves away from the problem and gives space to the mind to search for a solution. An example is going for a walk to relax your mind a bit and ideas flow better.

which is true about the computer​

Answers

Please Can you write the complete question if you want the complete answer to it.

Purchased a 1000$ bond for 950$. I'll get 50$ a year and it matures in 20 years. I want to know the interest rate I am earning.

Answers

Your dads gay and your need to go to hell

Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.

 For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
 Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
 The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.

 Sleep
 Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
 Travel (to work, to school, or for appointments)
 Work hours (total hours at the workplace, excluding lunch or breaks)
 School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
 Fitness (formal or informal, attending the gym or walking home from work)
 Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
 Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)


Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm

Answers

Here is an example of a three-day activity log:

The Activity Log

Day 1:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 2:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 3:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.

It's important to be honest and accurate while filling out the log to get the most benefit from it.

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Drag each tile to the correct box.
What is the sequence of events that could lead to trade surplus?

Drag each tile to the correct box.What is the sequence of events that could lead to trade surplus?

Answers

What is trade surplus?

Trade surplus:- This term is used when the export of the country product is greater than the cost of imports.

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Events ⤵️

1. the selling nation’s currency value appreciates

2. import cost for the buying nation goes up

3. demand for foreign currency increases

4. import goes down in the buying nation

5. the buying nation’s currency value depreciates

Sequence ⤵️

import cost for the buying nation goes up demand for foreign currency increases import goes down in the buying nation the buying nation’s currency value depreciates the selling nation’s currency value appreciates

I.e. 2-3-4-5-1

Acme Direct Funding’s loan package contains an additional acknowledgment certificate with instructions for the Notary Signing Agent to sign and affix a seal impression and return the certificate with the completed documents. Which of the following is the best course of action for the agent to take?

Answers

Since, the options have not been given, the question is incomplete. The complete question is as follows:

Acme Direct Funding’s loan package contains an additional acknowledgment certificate with instructions for the Notary Signing Agent to sign and affix a seal impression and return the certificate with the completed documents. Which of the following is the best course of action for the agent to take?

a. Sign, seal, and photocopy the additional certificate before returning it as requested

b. Sign, seal, and return the additional certificate as requested

c. Refuse to sign and seal the additional certificate

d. Sign, the certificate but refuse to apply your seal impression

Answer: Refuse to sign and seal the Acknowledgement certificate.

Explanation:

The notary signing agent must not sign the acknowledgment certificate. The company or loan funding agency may require extra certificates to rectify any mistake committed by the notary signing agent on the deed. Any mistake on the loan package is not consultation with the client and rejected without sending back the documents to the notary signing agent to correct.

A fire captain informs the battalion chief that two seatbelts in a fire truck have become frayed. In the communication process what part are the frayed seatbelts part of? A. the message b. the receiver c. the sender d. the reporter​

Answers

Option A. In the communication process, the frayed seatbelts part of  the message.

What is the communication process?

Four essential elements make up the communication process. These elements consist of encoding, transmission medium, decoding, and feedback. Two other components are involved in the process, and those two additional factors are represented by the sender and the recipient.

The act of successfully communicating involves a number of phases or acts, which are referred to as the communication process. It involves a number of elements, including the communicator, the message being sent, the message's encoding, the receiver, and the message's decoding.

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Drag the tiles to the correct boxes to complete the pairs
Match each phrase with the scenario that illustrates it.
Tiles
-international competition
-consumer sovereignty
-wealth creation
-property rights
-profit motive

Drag the tiles to the correct boxes to complete the pairsMatch each phrase with the scenario that illustrates

Answers

Answer:

Explanation:

Here you go! Should help.

Drag the tiles to the correct boxes to complete the pairsMatch each phrase with the scenario that illustrates

Answer:

profit motive, property rights, international competition, consumer sovereignty, wealth creation

Explanation:

<3

Drag the tiles to the correct boxes to complete the pairsMatch each phrase with the scenario that illustrates

CSelect the items from this list that are examples of misconceptions.

A high school student is too young to have a budget.
A bank is not a safe place to keep your money.
Buy stock before you have a steady income.
After high school, there is no need to become more educated.
Save your money as soon as you have a full-time job.re the deadline.

Answers

A- you’re never too young to limit your spendings
D- there’s is more to learn outside of high school for many careers
probably B too but i’m not sure

Compute ending inventory and cost of goods​ sold, using each of the following​ methods: Specific unit​ cost, assuming two ​$58 units and four ​$68 units are on​ hand; Average cost​ (round average unit cost to the nearest​ cent); ​ First-in, first-out; and​ Last-in, first-out.

Compute ending inventory and cost of goods sold, using each of the following methods: Specific unit cost,

Answers

Compute ending inventory and cost of goods​ sold-----------. The ending inventory and cost of goods​ sold, $8,800 and $12,200.

What is an inventory?

An inventory refers to a detailed list of items, goods, or materials that a company or organization holds in stock or has available for sale. The purpose of an inventory is to keep track of what goods are on hand, how much of each item is available, and where the items are located.

The inventory is an important component of managing a company's operations, as it can impact a company's profitability and customer satisfaction.

In the above case. The ending inventory and cost of goods​ sold, $8,800 and $12,200.

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Target buys products from manufacturers and then resells them to consumers. As such, Target is which of the following
A manufacturing business
A promotional enterprise
A service business
A marketing intermediary

Answers

Answer:

intermediary

Explanation:

they do not make the products. they are a stopping point a product takes between manufacturing and consumer

Target buys products from manufacturers and then resells them to consumers. Target is a marketing intermediary. Thus, the correct answer is option D.

What is a marketing intermediary?

Marketing intermediaries are independent businesses that help the flow of goods and services from producers to end users. Agents, wholesalers and retailers, marketing services agencies, physical distribution companies, and financial institutions are among them. It is also known as Middlemen.

Marketing intermediaries are companies that help businesses promote, sell through digital product catalogues, and deliver goods to customers. Traditional intermediaries are classified into four types: agents and brokers, wholesalers, distributors, and retailers.

Therefore, Target is a marketing intermediary.

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In the context of situational analysis, the ________ includes the attitudes and reactions of the general public, social and business critics, and other organizations, such as the Better Business Bureau.A) political environmentB) social environmentC) competitive environmentD) legal environment

Answers

Answer:

political environment

Explanation:

Situational analysis involves using various methods to check a business organization both internally and externally. Such an analysis would be used to know the strength, environment and customers of this organization.

The political environment in situational analysis includes the reaction and attitude of the general public, as well as critics (both business and social) and other organizations.

Jake borrowed $800,000 from the Gateway Bank to purchase a fishing boat. He keeps the boat at a dock owned by the Harbor Company. He uses the boat to earn income by fishing. Jake also has a contract with the White Shark Fishing Company to transport tuna from one port to another.

a. Do any of the following parties have an insurable interest in Jake or his property? If an insurable interest exists, explain the extent of the interest.

1. Gateway Bank

2. Harbor Company

3. White Shark Fishing Company

b. If Jake did not own the boat but operated it on behalf of the White Shark Fishing Company, would he have an insurable interest in the boat? Explain.

Answers

Answer:

1. Gateway Bank

3. White Shark Fishing Company

Explanation:

In the scenario being described the two entities that have an insurable interest in Jake or his property would be Gateway Bank and The White Shark Fishing Company. The Bank has an insurable interest because if something where to happen to Jake they would most likely incur the loss of $800,000 that Jake borrowed, the same goes for the boat since without the boat Jake can't earn income to pay back the loan. The White Shark Fishing Company on the other hand entrusts Jake with their cargo, meaning if anything happens to Jake or the Boat they would lose all of their cargo that Jake is transporting. This would cause them to have to incur those loses.

b. If Jake operated the boat on behalf of the White Shark Fishing Company he would have an insurable interest on the boat since he would lose the income that he makes with the boat. Also, if Jake has a contract and is responsible for the boat he might even have to incur the damages for the boat.

Identify the simplifying assumptions usually made in net present value analysis.
A. All cash flows other than the initial investment occur at the end of periods.unanswered.
B. All cash flows generated by the investment project are immediately reinvested at a rate of return greater than the discount rate.unanswered.
C. All cash flows generated by the investment project are immediately reinvested at a rate of return equal to the discount rate.
D. All cash flows occur at the beginning of the periods.unanswered.
E. The time value of money is ignored when evaluating investment proposals under the net present value analysis.

Answers

Answer:

All cash flows other than the initial investment occur at the end of periods.

All cash flows generated by the investment project are immediately reinvested at a rate of return equal to the discount rate.

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV is a capital budgeting method

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable

For example, a project costs 100. the cash flow in year 1 and 2 is $500 each. the discount rate is 10%

the NPV can be calculated using the financial calculator

NPV = $767.77

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

n order to help you answer this true/false statement, which words should be underlined?: Black cats can only be found in countries in Northern America. a. Only, in, Northern America c. Northern America b. Black cats, only, countries, Northern America d. Countries, Northern America Please select the best answer from the choices provided A B C D

Answers

Answer:

B. Black cats, only, countries, Northern America

Explanation:

Just took the test on Edg 2020

The words that need to be underlined includes Black cats, only, countries, Northern America.

What are the Underlined word?

The word are intended to be highlighted to make the reader understand whether the given statement is a true statement of not.

Hence, the words that need to be underlined includes Black cats, only, countries, Northern America.

Therefore, the Option B is correct.

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BRAINLIEST






Which two factors must operations managers consider when choosing facilities?

O Access to markets and capacity

O Access to markets and planning

O Access to markets and access to materials

O Access to materials and planning

BRAINLIESTWhich two factors must operations managers consider when choosing facilities?O Access to markets

Answers

Answer:

the answer is c because I got it right ok

Which education and qualifications are most helpful for Revenue and Taxation careers? Check all that apply.
leadership skills
customer-service skills
adaptability and flexibility
integrity
math skills
foreign language skills
knowledge of finance laws
CORRECT ANSWERS:
Customer service skills
Integrity
Math skills
Knowlage of finance

Answers

Answer:

Customer service skills

Integrity

Math skills

Knowledge of finance

Explanation:

Answer:

1.  Customer service skills 2.  Integrity  3.  Math skills  

4.  Knowledge of Finance

Explanation:

I got it right on edg

How long should a résumé be

Answers

Answer:

Mark Brainliest

Explanation:

For most candidates, a resume should be only one page. Be brief and concise with anything you write on your resume. Customize your resume for the job you're applying for and include only relevant experience. If you've done everything right, you shouldn't get past one page

Ethical relativism is defined as the ability to influence followers to achieve common goals through shared purposes. True or False.

Answers

Ethical relativism is defined as the ability to influence followers to achieve common goals through shared purposes. This statement is false.

What is Ethical relativism?

The idea that morality is based on cultural standards is known as ethical relativism.

There are no universal moral laws that can be applied to all individuals at all times, according to the ethical relativist. The only moral benchmarks a community may use to evaluate its actions are it's own. If ethical relativism is true, there is no framework that can be used by people of various communities to resolve moral disagreements or come to an ethical consensus.

Therefore, This statement is false.

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Show all steps of your work. Only writing the final answer is not enough.
Question 1: Consider a good that has an existing demand curve given by Q = 44 – 6p and an existing
supply curve given by Q = 12 + 2p. Suppose there is a change in the demand curve and the new
demand curve is given by Q = 32 – 8p. There is no change in the supply curve.
a) Is the new demand curve a parallel shift from the existing demand curve? Briefly explain your answer.
b) Does the new demand curve lie on the right or left of the existing demand curve? Briefly explain your answer.
c) Determine the existing equilibrium price and quantity before the change in the demand curve.
d) Determine the new equilibrium price and quantity after the change in the demand curve.

Answers

The demand and supply curve give the quantity demanded and supplied at a given price

a) The new demand curve is not parallel to the existing demand curveb) The new demand curve lay on the left of the existing demand curvec) Before the change in the demand curve, the equilibrium price is 4 and the equilibrium quantity is 20d) After the change in the demand curve, the equilibrium price is 2 and the equilibrium quantity is 16

Reason:

Question 1:

Existing demand curve function is Q\(_d\) = 44 - 6·p

Existing supply curve function is Q\(_s\)  = 12 + 2·p

New demand curve function is Q\(_{new \, d}\) = 32 - 8·p

No change in supply curve

a) The slope of the demand curve is given by the coefficient of p

Two demand curves are parallel if their slopes are equal or the same

The coefficient of p, of the existing demand curve, (-6) is not the same as the coefficient of p, in the new demand curve, (-8), therefore, the slopes are different, and the new demand curve is not parallel to the old demand curve

b) The y-value of the y-intercept of the existing demand curve is 44

The y-value of the y-intercept of the new demand curve is 32

The x-value of the x-intercept of the existing demand curve is \(p = \frac{44}{6} = 7.\overline 3\)

x-value of the x-intercept of the new demand curve is \(p = \frac{32}{8} = 4\)

The y, and x-intercepts of the new demand curve are lower than those of the existing demand curve, therefore;

The new demand curve lie on the left of the existing demand curve

c) The equilibrium price before the change  in the demand curve is given by the solution of the existing demand and supply curve as follows;

At equilibrium, we have;

Q\(_d\) = Q\(_s\)

Therefore;

44 - 6·p = 12 + 2·p

44 - 12 = 2·p + 6·p

32 = 8·p

\(p = \dfrac{32}{8} = 4\)

The equilibrium price, p = 4

The equilibrium quantity is 44 - 6 × 4 = 12 + 2 × 4 = 20

The equilibrium quantity = 20

d)  The new equilibrium price is given as follows;

Q\(_s\) = Q\(_{new \, d}\)

We have;

12 + 2·p = 32 - 8·p

2·p + 8·p = 10·p = 32 - 12 = 20

\(p = \dfrac{20}{2} = 2\)

p = 2

The equilibrium price, p = 2

The equilibrium quantity = 12 + 2× 2 = 16

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HELP
Professor Frank was offered a $5000 stipend for working on a new gaming
simulation. One requirement for the stipend is that his students to purchase the
game.
A) Professor Frank is faced with a conflict of interest
B) Professor Frank is faced with a risk/reward decision
3
C) Professor Frank should negotiate for a higher stipend
D) Professor Frank should purchase lunch for his students 10 times during the
semester to negate his ethical dilemma

Answers

A) Professor Frank is faced with a conflict of interest

Conflict of interest can be define as making a decision that best work in one's own favour or  one's own interest.

Based on the information given Professors Frank  is faced with conflict on interest based on the requirements given to him.

If at the end of the day  Professors Frank persuaded his student to purchase the game based on the $5,000 stipend that was offered to him, which means that Professor Frank has engaged in what is called Conflict of interest because of the financial Interest attached to the condition given to him.

Example of  conflict of interest is providing your employer sensitive information to another company because of the financial gain attached to it.

Inconclusion A) Professor Frank is faced with a conflict of interest

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According to Paula scher how was the 2001 palm beach ballot impacted by design?

Answers

According to Paula Scher how was the 2001 palm beach ballot impacted by design by combining the emotional or psychological parts of the typeface along with contextual elements.

What is the  The Art of Design by  Paula Scher?

The famous Paula Scher who is known to be a Graphic Designer says that a person need to be in the “state of play” to be able to make any kind of design.

She was said to have emphasizes on the fact by telling that the design is better when it is said to be  combining an emotional or psychological areas of the typeface and also that of contextual elements to make a great message tool.

Hence, According to Paula Scher how was the 2001 palm beach ballot impacted by design by combining the emotional or psychological parts of the typeface along with contextual elements.

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What is financing?. ​

Answers

provide funding for (a person or enterprise).

In what circumstances would a property insurance claim be rejected?

Answers

The circumstances that could make a property insurance claim to be rejected are policy exclusions, failure to disclose information, non-payment of premiums, lack of coverage, policy conditions not met, misrepresentation or fraud, and wear and tear or maintenance issues.

What are these circumstances?

Property insurance claims can be rejected for various reasons. While the specific circumstances may vary depending on the policy and insurance provider, here are some common situations in which a property insurance claim may be denied:

1. Policy exclusions: Insurance policies typically have specific exclusions listed in the terms and conditions. If the cause of damage or loss falls within these exclusions, the claim may be rejected. Common exclusions include acts of war, intentional acts, neglect or lack of maintenance, and certain natural disasters not covered by the policy.

2. Failure to disclose information: When applying for property insurance, it's crucial to provide accurate and complete information. If the insured fails to disclose relevant details about the property or provides false information, the claim could be denied. For example, if a homeowner fails to disclose a previous claim or provides inaccurate details about the property's security features, the claim may be rejected.

3. Non-payment of premiums: Insurance policies require regular premium payments to remain in force. If the insured fails to pay premiums within the grace period, the coverage may lapse, and any subsequent claims may be denied.

4. Lack of coverage: Insurance policies have specific coverage limits and deductibles. If the claimed loss exceeds the policy's coverage limit or falls below the deductible amount, the claim may be rejected or only partially paid.

5. Policy conditions not met: Insurance policies often have conditions that must be met to validate a claim. For example, the insured may be required to notify the insurance company promptly after the loss occurs, provide documentation and evidence of the damage, and cooperate fully during the claim investigation process. Failure to meet these conditions could result in claim denial.

6. Misrepresentation or fraud: If the insurance company determines that the insured intentionally misrepresented information or engaged in fraudulent activities to obtain coverage or make a claim, the claim will likely be rejected. This includes submitting falsified documents, inflating the value of the claimed items, or staging the loss.

7. Wear and tear or maintenance issues: Property insurance typically covers sudden and accidental damage rather than damage resulting from wear and tear, lack of maintenance, or pre-existing conditions. If the insurer determines that the damage is a result of normal wear and tear or inadequate maintenance, the claim may be denied.

It's important to carefully review the terms and conditions of your insurance policy and promptly report any losses to your insurance company to maximize the chances of a successful claim.

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Q. In the investment industry, cash management is most likely the responsibility of the:
A. treasurer.
B. general counsel.
C. chief risk officer.​

Answers

Answer:

A. treasurer

Explanation:

Cash management, also known as treasury management, entails collecting and managing cash flow.  In an investment set-up, the treasurer is responsible for cash management. The treasurer has to maintain updated records of all the inflows and outflows arising from an investment.

Cash management is a critical section of an investment. The success of investment has a direct link to how it manages its cash. The treasurer should be familiar with cash management strategies,  cash flow cycles, and other responsibilities associated with cash management.

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