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liberstina [14]
2 years ago
9

What does liability insurance not cover in the event of an accident?

Business
1 answer:
qwelly [4]2 years ago
4 0

The liability insurance does not cover the intentional harm caused by the insured, Employee injuries or illnesses, Illegal acts or wrongdoing in the event of an accident.

<h3>What is a Liability Insurance?</h3>

Liability insurance is a norm to provide the insured party with some conservation against claims resulting from injuries and damage to people or property, covering both legal costs and any payouts for which the insured party would be responsible if found legally liable.

There are two types of liability coverage: bodily injury and property damage.  Many states in the US needs liability coverages, subject to limits, which is the maximum amount the insurer will pay when the incident occurs.  For example, a car accident can be expensive.  This is why there is a limit of compensation which an insurer can offer.

Learn more about Liability here.

brainly.com/question/21663221

#SPJ1

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In a set of 12 aluminum castings, two castings are defective (D), and the remaining ten are good (G). A quality control inspecto
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Answer:

The sample space for this experiment contains 1728 elementary events.

Explanation:

Set of aluminum castings = 12

Control inspector randomly selects castings with replacement = 3

so elementary events = 12 * 12 * 12

Elementary events = 1728

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Cane Company manufactures two products called Alpha and Beta that sell for $185 and $150, respectively. Each product uses only o
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The total amount of traceable fixed manufacturing overhead for Alpha and Beta will be $3332000 and $3689000.

<h3>How to compute manufacturing overhead? </h3>

From the information given, the traceable fixed manufacturing overhead for Alpha will be:

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= $3332000

The traceable fixed manufacturing overhead for Beta will be:

= 119000 × 31

= $3689000

Learn more about overhead amount on:

brainly.com/question/15739613

5 0
2 years ago
Question 4 of 8 &gt; For each of the scenarios, please decide whether there will be an increase or decrease in short-run aggrega
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Increased use of current inputs in the production process is the short-term response of aggregate supply to rising demand (and prices).

A company can't, for the short term, build a new factory or introduce new technology to boost production efficiency because the level of capital is fixed.

What is short run and long run aggregate supply?

The intersection of the economy's aggregate demand and long-run aggregate supply curves determines its equilibrium real GDP and price level in the long run. The short-run aggregate supply curve is an upward-sloping curve that shows the quantity of total output that will be produced at each price level in the short run.

To learn more about aggregate supply here

brainly.com/question/29349235

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7 0
2 years ago
Where are traditional economies usually found?
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D. Because american indians a long tome ago was a small comunity and they did their traditional buisness Hope this helped you:)
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