1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
o-na [289]
1 year ago
12

if the insured must rent a car because his was stolen, what is the maximum dollar amount of coverage available under the commerc

ial auto policy?
Business
1 answer:
Firdavs [7]1 year ago
5 0

If the insured must rent a car because his was stolen,the maximum amount of protection permitted by the commercial auto policy in terms of money is $600

Insurance
This policy also provides coverage for loss or damage to the insured vehicle and its accessories as a result of: Lightning, a fire, an explosion, or self-ignition. stealing, housebreaking, or burglary. strike and riot.

If your stolen car is not recovered, the insurance provider will make a payment equal to its current market value, or Insured Declared Value, or IDV. Only individuals with personal damage or comprehensive auto insurance are eligible for coverage in this circumstance.

To learn more about Insurance
brainly.com/question/25740123
#SPJ4

You might be interested in
An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $6
Tomtit [17]

Answer:

present value $ 1,026.16

future value  $ 1,539.98

Explanation:

Present Value = $ 100 * 1/(1.07) ^ 1 + $ 100 * 1/(1.07) ^ 2 +$ 100 * 1/(1.07) ^3 + $ 200 * 1/(1.07) ^4 + $ 300 * 1/(1.07) ^5 +$ 600 * 1/(1.07) ^6

=93.45+ 87.34+81.62+152.20+213.23+398.32

= $ 1,026.16

therefore,  the correct value  is $ 1,026.16

b. Future Value = Present Value * ( 1+ Rate of Interest ) ^ Time

= $ 1,175.63 * ( 1+0.07) ^ 6

= $ 1,539.98

Hence the correct answer is $ 1,539.98

5 0
3 years ago
What is your ownership in a stock represented by
vitfil [10]

Answer:

A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation's assets and profits equal to how much stock they own. Units of stock are called "shares."

Stocks are bought and sold predominantly on stock exchanges (though there can be private sales as well) and are the foundation of many individual investors' portfolios. These transactions have to conform to government regulations that are meant to protect investors from fraudulent practices. Historically, they have outperformed most other investments over the long run. These investments can be purchased from most online stockbrokers

Explanation:

hope it helps

4 0
1 year ago
Given your understanding of the marketing discipline (analyzing the situation through the 3cs, developing marketing strategy thr
Dmitrij [34]

Answer:

Explanation:

1.Price: check if our price is still within the range of what our customers can afford or budget for.

2.Promotion: Does our customers or potential customers still view our advertisements.

3.Product: is our product still relevant and up to date when it comes to services and software.

4.Customers: Talk about our target audience, is there any change?

5.Competition: what are our competitors doing, why do customers prefer them to us

5 0
3 years ago
What is one main feature of the free enterprise system
earnstyle [38]

Answer:

Businesses that produce good products are rewarded with profits

Explanation:

In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.

No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.

7 0
3 years ago
An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from a
gizmo_the_mogwai [7]

Answer:

B)an offset.

Explanation:

4 0
3 years ago
Other questions:
  • If demand for farmer​ john's maple syrup is​ inelastic, then when farmer john raises the price of maple​ syrup, his total revenu
    8·1 answer
  • Governments may create to discourage companies from producing negative externalities.
    14·2 answers
  • As you get older, a Target Date Fund will adjust by…
    5·1 answer
  • Which of the following is an example of pretexting? A. A person accessing your email account without permission B. A person stea
    6·1 answer
  • Aztec Corp. is a manufacturer of truck trailers. On April 1, 2020, Aztec Corp. leases ten trailers to Wildcat Company under a si
    5·1 answer
  • a. Only institutions, and not individuals, can participate in derivatives market transactions. b. If you purchased 100 shares of
    15·1 answer
  • What aspect of a business deals with the policies, practices, and systems that influence the behavior, attitudes, and performanc
    8·1 answer
  • A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immedi
    11·1 answer
  • Hank has a 32% marginal tax rate and has already recognized a STCL of $8,000 and a L TCG of $5,000, both due to the sale of stoc
    15·1 answer
  • An import restriction (tariff or quota) creates a net loss in welfare for the importing nation because:___________
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!