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qaws [65]
2 years ago
12

You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th

e insurance companies. you should:______.
Business
1 answer:
soldi70 [24.7K]2 years ago
4 0

Answer:

The answer depends on 2 vital elements

1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.

2.or there are no injured/dead people - then take the money and settle the dispute

Explanation:

Dealing with insurance companies is not a legal requirement and depends on your choice.

BUT,

if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).

so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.

if a person or another party is involved, then you cannot!

hope this helps!

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Which of the following interpersonal skills will help you improve your own interpersonal skills?
timurjin [86]
All of the above. It would be nice to be able to add all of these to your skillset, they will all help you out.
8 0
3 years ago
Read 2 more answers
At the trough of the business cycle, cyclical unemployment is _____ and the actual unemployment rate _____ the natural rate of u
lianna [129]

Answer:

d. positive; exceeds

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

Cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment is given by the formula;

Cyclical \; unemployment \;  rate \; (CU) = Actual \; unemployment \; rate \; (AU) - Natural \; unemployment \; rate \; (NU)

>>> CU = AU – NU

The trough of a business cycle refers to the stage where decline (fall) in business activities ends and transit into expansion i.e the business moves from a decline (fall) to an expansion (rise).

Hence, at the trough of the business cycle, cyclical unemployment is positive and the actual unemployment rate exceeds the natural rate of unemployment because there's an increase in the level of output or productivity.

7 0
3 years ago
the 2010 federal budget for the united states includes spending $164 billion to pay interest on the national debt. if this amoun
Irina-Kira [14]

The total federal budget based on the budgeted interest on national debt is $3550 billion($3.55 trillion)

What percentage of the budget is $164 billion on national budget?

The spending on interest regarding the national debt is 4.62% of the entire federal budget, on that basis, we can convert the 4.62% to what 1% term and multiply that by 100% to ascertain the total federal budget.

4.62% of federal budget=$164 billion

1 % of federal budget=$164 billion/4.62

1 % of federal budget=$35.50 billion

100% of federal budget=$35.50 billion*100

100% of federal budget=$3.55 trillion

Find out more about federal budget on:brainly.com/question/15561900

#SPJ1

6 0
1 year ago
What are some risks and how do you plan to reduce or eliminate them when having a business​
lara [203]

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

6 0
4 years ago
Blanchard Company manufactures a single product that sells for $ 180 per unit and whose total variable costs are $ 126 per unit
Nuetrik [128]

Answer:

Part 1

<u>Income Statement at 15,600 units</u>

Sales ($ 180 x 15,600)                                     $2,808,000

Less Variable Costs ($126 x 15,600)             ($1,965,600)

Contribution                                                        $842,400

Less Fixed Costs                                               ($842,400)

Net Income                                                                    $0

Part 2

$3,278,000

Explanation:

Break even (units) = Fixed Cost ÷ Contribution per unit

                               = $ 842,400 ÷ ($ 180 - $126)

                               = 15,600 units

<u>Assume the company's fixed costs increase by $ 141.000</u>

Break even (units) = Fixed Cost ÷ Contribution per unit

                               = ($ 842,400 + $ 141.000) ÷ ($ 180 - $126)

                               = 18,212 units

Break even Revenue = 18,212 x  $ 180 =  $3,278,000

6 0
3 years ago
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