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ArbitrLikvidat [17]
1 year ago
6

When the insured knows more about their circumstances than the insurer, there is

Business
1 answer:
elena-s [515]1 year ago
4 0

When the insured party knows more about his or her circumstances than the insurer, then there is: B. All of these.

<h3>What is an insurance company?</h3>

An insurance company is a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.

In Economics, when the insured party knows more about his or her circumstances than the insurer, then there is:

  • Adverse selection
  • Propitious selection
  • Moral hazard
  • Asymmetric information

Read more on insurance here: brainly.com/question/16789837

#SPJ1

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Kingbird Company sells 290 units of its products for $18 each to Logan Inc. for cash. Kingbird allows Logan to return any unused
tensa zangetsu [6.8K]

Answer:

Kingbird Company

a. The amount of Net Sales = $5,040.

b. The amount of the estimated liability for refunds = $180

Explanation:

a) Data and Calculations:

Units of products sold to Logan Inc. = 290

Selling price = $18

Sales revenue = $5,220 ($18 * 290)

Cost of each unit = $11

Expected returns = 10/290 = 0.03448

Net sales = $5,220 * (1 - 0.03448)

= $5,040

Estimated liability for refunds = $180 ($5,220 - $5,040)

8 0
3 years ago
Question 25
telo118 [61]

Answer:

False

Explanation:

6 0
3 years ago
Q5) which one company is the best one you wish to invest for next 3 decades, based on its management, product or business model,
Citrus2011 [14]

Tesla  is the company is the best one people wish to invest for next 3 decades, based on its management, product or business model, financial condition, consistent past and potential earning.

<h3>What is the management structure of Tesla?</h3>

According to management experts, Tesla is one company that has a practical organizational structure with a lot of hierarchical structure.

Tesla is a company that is reported to use functional centers that are well-structured and cover all aspect of their business operations, including finance, sales, marketing, and technology.

Thus, the company is Tesla.

For more information about management structure of Tesla, click here:

brainly.com/question/23554447

#SPJ1

5 0
2 years ago
If the expected inflation rate is 4 percent and the nominal interest rate is 9 percent, the expected real interest rate is _____
goldenfox [79]

The real interest rate is simply nominal interest rate less the inflation rate. In equation form this is equivalent to:

Real interest rate = Nominal rate – Inflation Rate

Real interest rate = 9% - 4%

Real interest rate = 5%

<span> </span>

7 0
3 years ago
If you are in a car accident caused by someone else who also has insurance, which type insurance plan will not require you to pa
Romashka-Z-Leto [24]
A no fault insurance plan
3 0
4 years ago
Read 2 more answers
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