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Korolek [52]
2 years ago
12

When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the ___________ to notify the

insurance company.
Business
1 answer:
Vaselesa [24]2 years ago
6 0

When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.

<h3>What is insurance?</h3>
  • An effective way to guard against financial loss is insurance.
  • It is a method of risk management that is primarily employed to protect against the risk of a potential loss.
  • An organization that offers insurance is referred to as an underwriter, insurer, insurance business, or insurance carrier.
<h3>What is an insurance company?</h3>
  • A firm whose primary and dominating commercial activity throughout the tax year is the issuance of insurance or annuity contracts or the reinsuring of risks underwritten by insurance companies is referred to as an insurance company.

Therefore, When servicing rights for flood and hazard insurance are transferred, it is the responsibility of the insurance holder to notify the insurance company.

Know more about a financial loss here:

brainly.com/question/23294592

#SPJ4

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The basic earnings per share and the diluted earnings per share would have quite different values for a firm that relied heavily
S_A_V [24]

Answer: TRUE

Explanation:BASIC EARNINGS PER SHARE is a term used in the financial Securities market to mean the NET INCOME available to common shareholders.

DILLUTED EARNINGS PER SHARE is a term used in the financial Securities market to describe the outstanding profits available to common shareholders, after all the preferred stocks, warrants,convertible securities have been converted to common stocks.

Preferred stocks are also called hybrid stock, because it has certain features of common stock and convertible securities,it has a higher priority than common stock to payment of dividend etc.

Convertible debt securities are debt securities which can be converted to common stocks.

It basic earnings and diluted earning per share will definitely not be the same for such a firm.

7 0
3 years ago
Wine and Roses, Inc., offers a bond with a coupon of 7.0 percent with semiannual payments and a yield to maturity of 7.75 percen
Aneli [31]

Answer:

P = 9359.8

Explanation:

Given:

  • n = 14
  • YTM = 7.75% = 0.0775
  • F = 1000
  • Coupon rate = 7.0 percent => Coupon payment is: 1000*7% = 70

As we know that, the formula to find out YTM is:

       YTM = [C + (F-P/n) ] / (F+ P) / 2

<=> 0.0775 = [ 70 + (1000 - P/14)] / (1000+P)/2

<=> 0.0775(1000+P) /2 =  70 + (1000 - P/14)

<=> 0.0775(1000+P)  = 140 + 2(1000 - P/14)  

<=> P = 9359.8

So the price of the $1,000 face value bond is 9359.8  

5 0
4 years ago
Read 2 more answers
Discovered
vesna_86 [32]
Um I think it’s number 4.
7 0
3 years ago
Guardrails should be installed along all open sides and ends of scaffolding before use. A. False B. True
Vinil7 [7]

Answer:

True

Explanation:

8 0
3 years ago
Read 2 more answers
The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck
anygoal [31]

Answer:

The answer is given below;

Explanation:

 Average return on 3D printer=24,080/(40,000-3,000)=65%

Average return on truck amount=$36,400/(50,000-6,000)=83%

Average expected return on truck is higher as compared to 3D printer

6 0
4 years ago
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