A life annuity that pays nothing to the beneficiary after the annuitant dies is called a ________ annuity
A) period certain
B) straight life
C) refund
D) joint-and-last-survivor
B
You might also like to view...
At the outset of negotiations using a new agent, the agent should have the discretion to design and develop the negotiation process and have authority to make a binding commitment on substantive issues.
Answer the following statement true (T) or false (F)
According to the text, the questions that are critical to ask with regard to rewarding global team performance in culturally diverse, geographically dispersed virtual global teams include:
A. How large is the team? B. What role can recognition play? C. How do we identify standard metrics to assess performance in the same manner, both across distance and over time? D. Will rewarding the team cause jealousy in other employees? E. How diverse is the team?
List and discuss the contributing factors to unethical behavior.
What will be an ideal response?
A buyer and seller enter into a written contract for the sale of some specialty steel to be used by
the buyer in the manufacture of some appliances. The contract specified all the terms of the contract except the price. Which of the following is true? A) A reasonable price will be implied. B) There would be a contract except that the price cannot be implied in this contract because it is not a contract for the sale of a commodity with an easily determined market price. C) A price will be implied only if the contract called for the price to be determined at a later date. D) There is no contract because there is no meeting of the minds as to a material term.