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jarptica [38.1K]
4 years ago
12

By law, your liability insurance policy must provide __________ for collisions in which more than one person is injured.

Business
1 answer:
andriy [413]4 years ago
8 0
<span>By law, your liability insurance policy must provide minimum amount of $60,000 for collisions in which more than one person is injured.
A contract or legal document between policy holder and contractor, containing the terms including when an in insurance company will pay the loss and when it can reject the claim under certain conditions.</span>
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Preferred stock of leaping dolphin inc. pays 8% on the $100 par value. what is the value of the stock if the appropriate discoun
ra1l [238]

Calculate the value of the stock:

<span>The dividend on preferred stock is received constantly for perpetuity. So, the value of preferred stock can be calculated by dividing the dividend with the required rate of return. If the dividend rate is 8% on par value of $ 100 and required rate is 6% the value of preferred stock will be P = (100x0.08)/0.06 = 8/0/06 = 133.3333333</span>

7 0
3 years ago
RESPONSIBLE BUSINESS BEHAVIORS DEPENDS ON THE RESPONSIBLE BEHAVIOR OF EACH___ IN THE BUSINESS WORLD.
Olegator [25]

Answer:

The correct word for the blank space is: individual.

Explanation:

<em>Good business practices</em> rely on the morale of each individual involved. The way people conduct businesses individually will affect the market of their operations, and that market, to the economy of the region. In the <em>globalized world</em>, we leave in, depending on the impact of the region, its market behavior can represent an advantage or disadvantage to the worldwide economy. In front of a crisis, the government can take a stand to control the situation through different policies.

7 0
4 years ago
Omega, Inc., a U.S.-based firm entered into an agreement with another party to exchange currency and execute the deal at a speci
Lana71 [14]

Answer:

The answer is hedging.

Explanation:

Omega is engaging in hedging. Omega is locking the future spot price of the currency now. If this transaction happens over the counter, we call it forward contract. And if it happens at the exchange, we call it futures.

Hedging the foreign exchange risk is to reduce the risk of adverse depreciation of the currency in which Omega is expecting to receive.

Hedging is very important in risk management.

5 0
3 years ago
Read 2 more answers
The UCC: A) sometimes imposes a higher standard of behavior on merchants than non-merchants. B) always imposes the same standard
tamaranim1 [39]

Answer:

The correct answer is letter "A": sometimes imposes a higher standard of behavior on merchants than non-merchants.

Explanation:

The Uniform Commercial Code or UCC is a set of rules regulating transactions and contracts mainly of the banking industry or individuals or entities making businesses outside their home state. The UCC has oversight on checks, drafts, letters of credit, investment securities, bank deposits, and sales of goods, but real estate.

<em>The UCC tends to weigh the knowledge of merchants and non-merchants. The UCC considers merchants are at relatively advantage compared to non-merchants while offering products or services because buyers are prone to look for professional sellers. Therefore, the UCC imposes higher behavior standards for merchants than non-merchants.</em>

7 0
3 years ago
g "At the start of the current year, Minuteman Corporation had a credit balance in the Allowance for Doubtful Accounts of $3,500
nordsb [41]

Answer: Allowance for the doubtful accounts with a credit balance of $29,600

Explanation:

From the information that is provided in the question, the following can be deduced and the year-end financial statements should show:

Allowance for the doubtful accounts with a credit balance will be calculated as: the beginning allowance for the doubtful accounts + (the sales × Provision % ) - accounts receivable that were written off.

= $3,500 + ($1,110,000 × 3%) - $7,200

= $3500 + $33300 - $7200

= $36800 - $7200

= $29,600

6 0
4 years ago
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