Sole proprietor - Study guides, Class notes & Summaries

Alberta General Insurance Level 1 – Questions and Answers Already Passed Your insured, a sole proprietor, purchased a building valued at $1 million. The insurance policy has a coinsurance clause based on the replacement cost value of 90%. Contrary to your advice, your insured insures the building for only $500,000. He suffers a windstorm loss totaling $150,000. How much will the insurer pay? a) $75,000 b) $83,333 c) $150,000 d) $93.755 b) $83,333 An insured property is covered ...

Test Bank For Foundations of Finance, 10TH Edition Keown/Martin/Petty | Complete All Chapters | 2024. Determining how a firm should raise money to fund its long-term investments is referred to as capital structure decisions. Answer: TRUE Diff: 1 Page Ref: 10 Keywords: Capital Structure Decisions Learning Obj.: L.O. 1.3 AACSB: Reflective Thinking 3) The chief financial officer (CFO) is responsible for overseeing financial planning, corporate strategic planning, and controlling the firm's...

Exam Simulator FL-LH - FL Health and Life and Annuity 100% Pass A non-contributory plan requires _________ participation of all eligible employees 100% A characteristic of preferred provider organizations (PPOS) would be: Discounted fees for the patient Which of the following areas of state regulation is NOT protected by the saving clause in ERISA? Commerce Additional coverage can be added to a whole Life policy by adding a(n): decreasing term rider What benefit does the payor clause on a Ju...

215 FL License exam | Questions and Correct Solutions | latest Update 2024/2025| Graded A+ Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? - Answer -Notice to existing and replacing insurers of intention to replace Which of the following is not considered rebating? - Answer -Sharing commissions with an agent licensed in the same line of business According to Florida law which of the fol...

the transfer of an insured's right to seek damages from a negligent party to the insurer is found in which of the following clauses? correct answer: Subrogation the purpose of managed care health insurance is to correct answer: control health insurance claims expenses a man works for company A and his wife works for company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim correct answer: the ins...

Superior 303 NC Law and Rules Exam Questions and Answers sole proprietor -Answer-Full broker not affiliated with another firm Can not Advertise Can not hire other licensees Can not hold a trust account Would have to become a BIC in order to 'do it all' How long is BIC eligible status valid for? -Answer-12 months must take BIC update instead of general update each year that will renew eligibility to continue being BIC eligible Who is responsible for the advertising? -Answer-BIC Who i...

Well-structured LML4804 PORTFOLIO (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... QUESTION 1 (TAX ADMINISTRATION AND TAX AVOIDANCE) The Tax Administration Act 28 of 2011 (TAA) empowers the Commissioner for the South African Revenue Service (the Commissioner) to conduct audits on taxpayers. The Commissioner has, over the years, announced that the South African Revenue Service (SARS) will conduct audits on all taxpayers that enjoy a certain lif...

Well-structured FAC1601 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).. Question 1 Not yet answered Marked out of 2.00 Qabaqongo Oils is a sunfl ower oil production and distribution business, supplying various retailers and wholesalersthroughout Mpumalanga. The company is a partnership between Khanyisa and Zinhle. Below is the relevant informationregarding the partnership’s fi nancial activities for the year ending 30 June 202...

The Question Question 1: (35 marks) Background information Your best friend Ntato Hill called you and asked for assistance regarding an audit SARS is conducting on her husband, Jack’s business. The following information may or may not be relevant. • Jack Hill is 70 years old and runs a business (as sole proprietor) that manufactures spare parts for industrial machinery. He was in a serious motor vehicle accident in April 2022 and was discharged from the hospital only in March 2023...

RDHAP can practice as... Correct Answer Employee of DDS or another RDHAP, as independent contractor, as sole proprietor of AP practice, as employee of primary care clinic, as employee of clinic owned or operated by public hospital or health system, as employee of clinic owned and operated by hospital that maintains primary contact with county government to fill county's role RDHAP can practice at.... Correct Answer A) residences of home bound B) schools C) residential facilities and other i...