Answer:
A deductible
Explanation:
In insurance a deductible is the amount that a victim of an accident will have to.paynoit of his own pocket before the insurance pays for the rest.
When setting up an insurance the customer is allowed to set his deductible.
Lower deductibles attracts higher premium payments, while higher deductibles have lower premium payments.
In the scenario where Manny was in an accident with a bill totaling $11,500 and the insurance company says he needs to pay the first $1000. The $1,000 is the deductible amount
Answer:
The correct answer is d. none of the choices.
Explanation:
A contract is an agreement, usually written, although it can also be spoken, by which two or more parties mutually commit themselves to respecting and fulfilling a series of conditions. It is a type of legal act involving two or more people and is intended to create rights and generate obligations, therefore transmitting rights and obligations to the parties that sign it.
It is governed by the principle of autonomy of the will, according to which, it can be hired on any subject not prohibited. The contracts are perfected by mere consent and the obligations arising from the contract have the force of law between the contracting parties.
Currently the contract is an economic instrument to negotiate, to meet needs. Contracts are used to agree on services, products, locations, among others.
This situation shows that control is needed to discover irregularities and errors.
We can arrive at this answer because:
- A well-established control that evaluates the functioning of a business is essential for the success of an enterprise.
- That's because the control allows all defective elements of any sector of the company, which may be presenting errors and irregularities, to be quickly detected.
- This allows these defects to be resolved and eliminated quickly, ensuring a smooth running of the project and high quality of service.
In this case, we can say that a good control system could have identified the problems with the shipments and solved the problem before the customers were dissatisfied.
More information:
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Answer:
the $490,000 that an alternative project could have returned.
Explanation:
Opportunity costs are the costs (or benefits lost) from choosing one alternative activity or investment over another.
In this case, if Dechico decides to continue to produce product G92L, it will not be able to invest in the new project that could have generated a $496,000 return.