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skad [1K]
4 years ago
5

An insured was injured as an innocent bystander when someone committed a felony. the insurer is

Business
1 answer:
eduard4 years ago
8 0
Liable to the insured for the loss 

There are different kinds of insurances available--health insurance, home insurance, car insurance, life insurance, etc.

Specific types of insurances relevant to the given situation (above) are health, injury and illness, and personal accident insurances to name a few. Health insurances cover certain medical costs, and personal accident insurance covers accidental death and disability. Illness and accident insurances protects a person against the economic repercussions brought about by certain mishaps and gives relief to the ill or injured person or a dependent.
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According to Herzberg, which group of motivational factors would give employees the most satisfaction
Kipish [7]

Answer:

Explanation:

According to Herzberg, which group of motivational factors would give employees the most satisfaction

8 0
3 years ago
Which of the following statements is CORRECT?a. If a project has "normal" cash flows, then its MIRR must be positive.b. If a pro
Elan Coil [88]

Answer: Option D

                               

Explanation: In simple words, normal cash flows refers to those cash flows which have one initial investment at the beginning followed by a stream of inflows while in case of non normal cash flows the stream keeps changing from inflows to outflows.

Normal cash flows have only one IRR as there can only be single rate at which NPV will be zero while in case of Non normal there are two IRR due to uneven stream.

Thus, we can conclude that the correct option is D.

3 0
3 years ago
Equipment that cost $420,000 and on which $200,000 of accumulated depreciation has been recorded was disposed of for $180,000 ca
NeTakaya
The entry to record this event would include a  LOSS OF $40,000.
The equipment original cost = $420,000
Accumulated depreciation = $200,000
Selling price = $180,000
 Loss = 180,000 - [420,000 - 200,000] 
= 180,000 - 220 = - 40,000
Thus, a loss of $40,000 was experienced in the sale of the equipment.
3 0
4 years ago
Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2
balandron [24]

Answer:

e. Debit Allowance for Doubtful Accounts $2,000

Credit Accounts receivables A-Hopkins $2,000

Explanation:

When a company use the allowance method of accounting for uncollectible accounts, the company would actively review and book bad debt expenses for any debt in doubt of collection. The entry would be; Debit Bad debt expenses, Credit Allowance for doubtful debt

However, where there is sufficient evidence that these debts goes into default, no more expenses would be recorded , instead

Dr. Allowance for doubtful debt $2,000

Cr. Account receivable $2,000

(To record written off receivables)

3 0
3 years ago
Some new production facilities are designed to have a flexible layout that can be easily modified as needed. These facilities us
Fantom [35]

Answer:

b) Cellular

Explanation:

Cellular layouts in new productions facilities are designed to have flexible layouts, making it possible for the workers to modify them accordingly to their necessities, this can help prevent time-loss and wasting resources, while giving the opportunity to produce different products and create different layouts for differente processes of production.

4 0
4 years ago
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