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Alisiya [41]
2 years ago
5

Which of the following personal property items has the HIGHEST specific limitation on coverage?

Business
1 answer:
Charra [1.4K]2 years ago
8 0

The personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

<h3 /><h3>The properties having HIGHEST specific limitation on coverage.</h3>

A limit is the highest amount your insurer will pay for a claim that your insurance policy covers.

Some of these specific limits apply to a building or personal property at a single location.

From the listed option, the personal property items that have the HIGHEST specific limitation on coverage are jewelry, watches, and precious stones or metals because they are saved in a location, especially in banks

Learn more on specific limitations on coverage here: brainly.com/question/27015627

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What are the possible consequences of making a late payment?
olya-2409 [2.1K]

Answer:

not being able to do buissnes with that company anymore

Explanation:

7 0
3 years ago
Mr. Hopper expects to retire in 30 years, and he wishes to accumulate $1,000,000 in his retirement fund by that time. If the int
Karo-lina-s [1.5K]

Answer:

Annual deposit = $4100

Explanation:

Annual deposit = $4100

Number of years for retirement = 30 years

Future value of money = $1000000

Interest rate = 12%

Now use the below formula to find the annuity amount.

Annual deposit = Future value (A/F, r, n)

Annual deposit = 1000000 (A/F, 12%, 30)

Annual deposit = 1000000(0.0041)

Annual deposit = $4100

3 0
3 years ago
BBB Company has been a successful manufacturer of quality electronics products for the past 20 years. It is a publicly traded co
OverLord2011 [107]

Answer:

Answer 1.

Beneath referenced pointers show that organization arranged the liquidation for recent years or something like that.  

  • The way that there had been no interest in R&D for recent years which more likely than not brought about noteworthy cost putting something aside for the organization.  
  • BBB bought expanded size of stock on layaway from providers in recent years which is a warning.  
  • Indeed, even without bringing about any R&D cost for recent years, CFO of BBB moved toward the bank to expand the credit line of the organization and utilized all credit line without legitimate desk work.  
  • CFO erroneously guaranteed the brokers about new product offering so as to look for advances/increment credit line.  
  • Indeed, even with diminished deals, organization was indicating lower supply of stock. They more likely than not been offering the stock at cost to outsider or shrouded it at an undisclosed area to dupe the providers.  
  • With no interest in R&D and declining business possibilities, organization couldn't have given new offers for subsidizing  

Answer 2.

Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.  

It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.

3 0
3 years ago
Advanced Enterprises reports year−end information from 2019 as​ follows: Sales​ (160,250 units) ​$969,000 Cost of goods sold ​(6
Ilya [14]

Answer:

Cost of goods sold = $576,900

Explanation:

The budgeted cost of goods sold will be the sales volume in 2020 multiplied by cost per unit .

Sales volume in year 2020= (100-10)% ×  sales figure for 2019

                                            = 90% × 160,250=  144,225  

Cost of goods sold per unit =  cost of goods sold in 2019/Sales units in 2019

                                              = 641,000/160250=$4

Cost of goods sold =  $4× 144,225 =  $576,900

Cost of goods sold = $576,900

3 0
3 years ago
David, an Alabama resident, files suit in an Alabama court against QuickAds, an internet company based in Georgia that provides
Katena32 [7]

Answer:

b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.

Explanation:

The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.

Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.

In this scenario the case can be tried in federal court because it can handle cases across state borders.

5 0
3 years ago
Read 2 more answers
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