Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
<h3>What is insurance?</h3>
Insurance involves securing an item against accident or any damages.
An individual can insure properties such as Land, building or Life by paying certain amount of money which serves a premium.
Therefore, insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.
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Answer: Exchanging the messages between site operating systems
Explanation:
The distributed system is one of the type of computing system in which the various types of multiple elements are basically located on the machines that are specifically used for the communication purpose and this distributed system is basically appear to the user in the form of single system.
According to the given question, the given process is basically accomplished by exchanging the different types of messages between the site OS (Operating system).
In the given distributed system, the data and the cooperation action is highly maintain by the sites while determining the loaded process. Therefore, The given answer is correct.
Answer:
Availability.
Explanation:
This is explained as the ability to process information that comes to the mind immediately trying to think lesser or neglect that which is not yet in mind. That was what Dave, could not phatom in the above description. This phenomenon ends up making people often judge the likelihood of an event, or frequency of its occurrence subtly with which instances and scenarios come easily to mind.
In business dealings for example, an over-estimation can be the likelihood of attacks by sharks or list accidents. Also, some smokers may see one elderly heavy smoker and exaggerate the likely healthy life expectancy of this group.
Answer:
A.5$
B.The difference between the interest rate on one-year dollar deposits and that on one-year euro deposits (assuming no repayment risk) is 5%
Explanation:
A.
The forward premium on euro is (1.26 - 1.20)/1.20 = 0.05 or 5%
B. The interest rate difference between one-year dollar deposits and one-year euro deposits (assuming no repayment risk) will be 5 percent because the interest difference must equal the forward premium on euro against dollars when the covered interest parity holds.
Answer:
<em>The Options include:</em>
a. Disclosure only of the settlement
b. Only an accrual of the settlement
c. Neither a disclosure nor an accrual
<em>d. Both a disclosure and an accrual. is Correct</em>
Explanation:
Since about the 1st of February, the financial information of Ace Co., Year 2, have not been obtained and the exact amount of the final settlement is established.
The whole amount must be included in the financial information of Ace Co. on December 31, Year 1 and reported as a "subsequent event."
That is an acknowledged subsequent event because it contributes to litigation originating in year 1.
