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1 year ago

in a business auto policy�s physical damage coverage, which 2 coverages will not be written together for the same vehicle:

1 answer:

3 0

in a business auto policy Comprehensive and Specified Cause of Loss physical damage coverage, which 2 coverages will not be written together for the same vehicle.

An organization's usage of cars, trucks, vans, and other vehicles while conducting business is covered by a business automotive insurance (BAP). Vehicles hired by the firm, owned by the employee, or leased by the company and used for business reasons may all be covered.

A legal document used in commercial auto insurance contracts is a business auto coverage form. It details the automobiles and dangers protected under the contract. Broadening endorsements are available for purchase by policyholders who need higher levels of coverage in order to further cut their risk.

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To economists, the social cost of unions depends primarily on

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To economist, the social cost of union depends primarily on the people. People do not start their lives with fully developed theories about systems of society where unions are formed to fight for socialism. This organize monopolies to break down competition.

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3 years ago

In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower

raketka [301]

Answer:

B) raise costs and increase demand for its product

Explanation:

A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.

Monopolistic competition engage in advertisement to increase the awareness for their goods.

If advertising is successful , it increases the demand for their goods and services.

Advertising also increases the cost of production.

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3 years ago

One example of a company that is allowed to sell shares to the public

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A public company may be formed by persons among the public including Indian nationals or foreigners. It may be conceived in the government, cooperative, joint, as well as private sector of the economy. Some examples of public companies are, Reliance Industries, Tata Motors, Bharti Airtel, Larsen & Tourbo, etc.

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3 years ago

Gleason Company reported net income of $242,000 for the year. During the year, accounts receivable increased by $32,000, account

Degger [83]

Net cash provided by operating activities for the year is $265,000. $102,000. $242,000. $337,000 is :- <u>$265,000</u>

What is depreciation expense?

A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary.

When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.

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4 0

1 year ago

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a man borrows money from an automobile dealership to pay for a car. if he fails to repay the loan, the dealership will take pos

Setler [38]

Select one:

a. creditor, collateral, borrower

b. borrower, creditor, collateral

c. credit union, loan, creditor

d. loan, collateral, creditor

Answer: a - creditor, collateral, borrower.

The automobile dealership loans money to the man to buy a car. So, the automobile dealership is the creditor.

Collateral refers to anything that may be pledged in return for money, with the condition that the pledged item will be forfeited if the money is not repaid. Since the dealership will take possession of the car if the man fails to repay the money, it is a collateral.

The man who bought the car, owes money to the automobile dealership as he bought the car on a loan. So, he is a borrower.

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3 years ago

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