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MaRussiya [10]
1 year ago
12

Lightning strikes a home and starts a fire that destroys the structure and its contents. The lightning is the?

Business
1 answer:
LenaWriter [7]1 year ago
4 0

Lightning strikes home and starts a fire that destroys the structure and its contents. The lighting is the Proximate cause.

Subrogation is the term that describes most insurance companies' right to sue against a third party who has caused damage to the insured. This is done to recover the amount of damage paid to the insured by the insurance company for the damage.

The replacement cost covers the retail cost of replacing a broken, damaged, or lost item. The advantage here can be seen in the personal computer example. For example, his $1,500 laptop, purchased two years ago, is worth less than it is now brand new.

Umbrella policies are typically sold for minimum coverage of $1 million, but insurers offer these policies in increments of up to $5 million and sometimes in $100 million increments.

Learn more about  Proximate cause here brainly.com/question/14925660

#SPJ4

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The ____ method indicates whether value is expected to be created for shareholders
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Lifetime value or LTV
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The purchase of capital equipment by a company, which would likely be quite an involved process, is an example of a _____ situat
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The purchase of capital equipment by a company, which would likely be quite an involved process, is an example of a NEW BUY situation.

The use of the term "capital equipment" hints that the company is newly established and they are buying their first equipments for the company. Thus, it's a new buy situation.
3 0
3 years ago
Imagine that your boss has given you the task of giving a speech at the next staff meeting about new office procedures. What que
Kipish [7]
First and foremost, specifically which topics to cover and how much time to take covering them.
I would ask those questions because my boss may have a different idea of what needs to be communicated than I.  My boss may also have a different objective for the communication than I realized and I may be able to enhance that message in some way.
6 0
3 years ago
Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin
ANEK [815]

Answer:

Budgeted Income Statement for the year

Sales (820 units × $ 2,130)                            $1,746,600

Less Cost of Sales (820 units × $ 1,500)    ($1,230,000)

Gross Profit                                                       $516,000

Less Operating Expenses :

Selling and administrative expense

Variable (820 units ×  $ 75)                              ($61,500)

Fixed                                                               ($400,000)

Operating Profit                                                 $54,500

Less Non - Operating Expenses :

Interest                                                            ( $29,000)

Net Income / (Loss)                                           $25,500

Explanation:

Income Statement shows the company`s performance from its operations.

Income / (Loss) = Sales - Expenses.

4 0
3 years ago
Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the non-competition agreement. Prio
loris [4]

Answer:

D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.

Explanation:

In contract law, an offer can always be taken back as long as the other party hasn't accepted it yet. In this case, Jack agreed to make an offer about the restaurant and he even included certain details that apparently were important (non-competition agreement), but since Hal and Sophia haven't accepted it yet, Jack can take it back without fear of any claim being made against him. All he has to do is communicate his decision of taking back his offer to either Hal or Sophia, or their agent (if there is one).

3 0
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