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Archy [21]
2 years ago
10

The transfer of the right of recovery from the insured to the insurance company is called:

Business
1 answer:
s344n2d4d5 [400]2 years ago
6 0

According to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.

<h3>What is subrogation?</h3>

It consists of changing the debtor or the lender in a financing, which produces a delegation or a succession of duties.

It is linked to subrogating a legal or natural person for another, replacing it, modifying the contract in terms of fulfilling an obligation or exercising an attribution.

Therefore, we can conclude that according to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.

Learn more about Subrogation here: brainly.com/question/14632197

#SPJ1

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The equilibrium price of a good in market A is $24. The current price of the good in market A is $21. At this price, a(n) ______
qwelly [4]

Answer:

Excess supply as well as excess demand in market A

Explanation:

Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.

When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.

7 0
3 years ago
The financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2017 Sales $ 9,300,000 Cost of
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Question attached

Answer and Explanation:

Answer and explanation attached

4 0
3 years ago
suppose a medical study reveals new benefits to consuming beef and at the same time a bumper corn crop reduces the cost of feedi
gayaneshka [121]

Answer:

nn

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5 0
3 years ago
Phoenix Agency leases office space for $7,000 per month. On January 3, Phoenix incurs $65,000 to improve the leased office space
Daniel [21]

Answer:

correct option is $13,000

Explanation:

given data

leases office = $7,000 per month

Phoenix incurs = $65,000

yield benefits = 8 years

remaining on its lease = 5 years

solution

we know that The cost of leasehold improvement is depreciate whichever is less    

(a)  Remaining Lease Term      

(b) estimated useful life of improvement

so Annual depreciation of Leasehold Improvement will be here

Annual depreciation of Leasehold Improvement = \frac{65000}{5}

Annual depreciation of Leasehold Improvement = $13,000

so correct option is $13,000

4 0
3 years ago
Suppose annual salaries for sales associates from Hayley's Heirlooms have a bell-shaped distribution with a mean of $32,500 and
Rashid [163]

Answer:

-1.8

Explanation:

Data provided in the question:

Mean = $32,500

Standard deviation = $2,500

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Now using the formula provided in the question for the calculation of the z - score, we have

z score = ( X - Mean ) ÷ ( Standard deviation )

on substituting the respective values, we get

z score = ( $28,000 - $32,500 ) ÷ ( $2,500 )

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z score = -4500 ÷ $2,500

or

z - score = -1.8

6 0
3 years ago
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