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
shtirl [24]
3 years ago
8

When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc

e company?
Business
1 answer:
Sonja [21]3 years ago
3 0
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping. 
You might be interested in
You've lost a lawsuit that requires you to pay $1,500 per month for 120 months starting next month. How much would you have to i
Lady bird [3.3K]

Answer:

PV = $155,343

Explanation:

This question requires application of PV of annuity, according to which:

PV = p [1-(1+r)^-n/r]

P= Periodic Payment

r = rate of period

n = number of periods

r = 3%/12 = 0.25% (monthly), n = 120, P = $1500

PV = 1500 * [\frac{1 - (1 + 0.0025)^{-120}}{0.0025}]

PV = 1500 * 103.5618

PV = $155,343

6 0
3 years ago
Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
stepladder [879]

Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.

Each country has laws governing what information must be included on a payslip .

To learn more about paycheck, click here

brainly.com/question/8657860

#SPJ4

5 0
2 years ago
Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated
7nadin3 [17]

The study of an agent's or individual's decisions is known as decision theory. The official decision-making process concludes with evaluation. Evaluating the consequences may assist the decision-maker in learning lessons that will help her make better decisions in the future.

  • Loss aversion is the correct answer because the general notion of the "loss-aversion" theory is that if an individual is provided with two equal alternatives, one of which is presented in terms of prospective profits and the other in terms of potential losses, the former option will be chosen.

  • Loss aversion is a cognitive bias or psychological phenomenon that explains why the agony of losing is twice as powerful psychologically as the pleasure of winning.

Therefore, representativeness, cognitive bias, and overconfidence are not factors relative to an arbitrary decision distortion. So, Loss aversion is the correct response to the question.

For more information regarding arbitrary baseline, refer to the link:

brainly.com/question/11224360

5 0
2 years ago
Read 2 more answers
Lexus works in the handbags department of Nordstrom. She takes 3% on all purchases. She has become one of the top salespeople in
nalin [4]

Answer:

B.commission

Explanation:

Commission is a percentage paid to an employee for carrying out a particular task. Here the task is sales.

Gratuity is the amount paid to an employee at the end of employment.

Bonus is what is paid an employee in addition to base salary.

I hope my answer helps you

5 0
3 years ago
The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa
Orlov [11]

Answer:

Policy uncertainty

Explanation:

Policy uncertainty is a class of economic risks associated with erratic economic policy of the government of a particular country. Policy uncertainty discourages investment and raises the investment risk factor of an economy.

It can come from unstable and unexpected monetary or fiscal policy of a regime or unpredictable regulatory framework.

5 0
3 years ago
Other questions:
  • Vijay Company reports the following information regarding its production costs. Direct materials $ 9.40 per unit Direct labor $
    10·1 answer
  • Donavan spent the day talking with a packaging company in Guam, a lighting specialist in Japan, a touchpad expert in the U.S., a
    7·1 answer
  • Behaviors that are more common in your life make better reinforcers than behaviors that are less common. this is known as _____.
    7·1 answer
  • One way that criminal law differs from civil law is that it: provides remedies for violations of private rights. must yield a un
    11·1 answer
  • Designing a car is expensive and time-consuming even with the use of computers because of the difficulty of getting all the vari
    6·1 answer
  • What is the difference between purpose and objectives in setting goals for future .​
    9·1 answer
  • Which two advantages do renters have that home buyers don’t have?
    7·1 answer
  • Which of the following is not a reason for passing the equal pay act of 1963​
    14·1 answer
  • When do things move faster? Day or night?​
    10·2 answers
  • Luxguard Home Paint Company produces exterior latex paint, which it sells in one-gallon containers. The company has two processi
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!