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spin [16.1K]
3 years ago
14

What is risk pooling???

Business
1 answer:
Elena L [17]3 years ago
7 0
A risk pool<span> is one of the forms of </span>risk<span> management mostly practiced by insurance companies. Under this system, insurance companies come together to form a </span>pool<span>, which can provide protection to insurance companies against catastrophic </span>risks<span> such as floods, earthquakes etc.</span>
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Red offers to pay Sara to deliver certain documents within thirty minutes. Sara can accept the offer only by completing the task
hichkok12 [17]

B) A unilateral contract.

<h3><u>What exactly is a unilateral contract?</u></h3>

In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.

While there are no promises made in a unilateral contract, there are fixed agreements and commitments between two parties in a bilateral contract. Instead, the offeror asks the offeree to fulfill a request, execute an act, or render a service.

<h3><u>What do you need to understand about unilateral contracts?</u></h3>

Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.

A task must be completed in order to accept a unilateral contract.

The unilateral agreement's act is not required to be carried out by the offeree.

Learn more about unilateral contracts with the help of the given link:

brainly.com/question/9129483?referrer=searchResults

#SPJ4

4 0
2 years ago
Wally owns 200 acres of land.Wally offers to sell the land to Robert for $1,500 per acre.Robert replies that he does not need 20
stiv31 [10]

Answer:

D) Wally wins; this agreement is too indefinite since it does not identify which 40 acres are to be sold.

Explanation:

Since in the given situation, wally agrees to sell but here the identification of the land is not mentioned i.e. 40 acres and at the later time the wally refused to sold any land so here wally should wins as the agreement is not definite which type of the land should be sold so it becomes the agreement void

Hence, the correct option is d.

8 0
3 years ago
If real GDP increased from $10 billion to $11 billion from the first quarter of 2016 to the first quarter of 2017, but had incre
Sphinxa [80]

Answer:

10%; 16%

Explanation:

Given that,

Real GDP in the first quarter of 2016 = $10 billion

Real GDP in the first quarter of 2017 = $11 billion

Increased from the fourth quarter of 2016 to the first quarter of 2017 = 4%

Growth rate from the first quarter of 2016 to first quarter of 2017:

= \frac{GDP_{2017}-GDP_{2016}  }{GDP_{2016}}\times 100

= \frac{11-10  }{10}}\times 100

= 10%

Real GDP growth rate is as follows:

= 4% × 4

= 16%

3 0
3 years ago
Which characteristic of globalization deals with the effects it has on workers in different
Murrr4er [49]
B). technology i think is it
3 0
3 years ago
Read 2 more answers
each of the following inventors developed machinery that would lead to the increased productivity of farmers between 1790 and 18
xenn [34]
<span> c) Samuel Morse becasue he the only person

</span>
3 0
3 years ago
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