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Lesechka [4]
4 years ago
7

Sue's office building was damaged by a fire caused by a careless tenant. After paying Sue for the loss, the insurance company su

ed the tenant to recover its loss. This suit is based on the principle of
1. Subrogation
2. Insurable interest
3. Utmost good faith
4. Indemnity
Business
1 answer:
aksik [14]4 years ago
7 0

Answer:

1. Subrogation

Explanation:

PAYMENT BY SUBROGATION

Also called Oblique or indirect Action is one that allows creditors to exercise all the rights and actions of their debtor, with the exception of those inherent in their person; Its purpose is the defense, by judicial means, of its own pecuniary interests.

The subrogation payment occurs when a person other than the debtor pays the obligation and because of that payment the initial creditor transmits to him the rights he had as a creditor. It is a kind of personal subrogation because the third party is placed in the same legal position as the creditor.

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DerKrebs [107]

Answer:

tifijf

Explanation:

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7 0
3 years ago
Great Pumpkin Inc., wants to purchase a vending machine for their common room and chooses dimensions of cost, reliability, and f
jonny [76]

Question Completion:

Dimension    Importance   Spike  Olaf  Andy

Cost                 4                  1           5       3

Reliability         2                 5           2       3

Cost                 3                 3           3       4

Answer:

Great Pumpkin Inc.

Great Pumpkin should choose Olaf Manufacturing with the highest weighted score of 33.

Explanation:

a) Data and Calculations:

Dimension    Importance   Spike      Olaf             Andy

Cost                 4                 4 (1*4)     20 (5*4)      12 (3*4)

Reliability         2                10 (5*2)     4 (2*2)        6 (3*2)

Cost                 3                 9 (3*3)      9 (3*3)       12 (4*3)

Total weighted scores    23             33               30

b) Based on the total weighted scores, Olaf Manufacturing performed best among the three companies.  It should be chosen.  To obtain the weighted scores for each company, the scale it obtains under each dimension is multiplied by the importance of the dimension.  This is done for each dimension and each company before the total weighted scores are obtained and the company with the highest score is adjudged the winner.

3 0
3 years ago
What is the last step in conducting a URL search
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The date and time b                  

7 0
3 years ago
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of ans
ira [324]

Answer:

interest must be paid on a periodic basis regardless of earnings.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

The disadvantages of bonds are listed below as;

1. Bonds can decrease a person's return on equity.

2. Bonds require a payment of the principal amount.

3. Bonds typically require a payment of periodic interest.

Generally, most bonds with shorter maturity time respond less dramatically to changes in interest rates when compared to bonds having longer maturity. Thus, the risk associated with short bonds isn't really significant because their interest rates are less likely to change substantially within that short period of time unlike bonds with longer maturity.

Hence, regardless of the earnings by bondholders, interest must be paid on a periodic basis on a long-term bond.

7 0
3 years ago
ETSY vs. AMAZON
vfiekz [6]

Answer:

C. Explain ONE way in which the USA & USSR competed against each other during the Cold

War in the Post-World War Two period (c. 1945-present)

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