Only you can open your safety deposit box. True False

Business

2 answers:

SVEN [57.7K]3 years ago

7 0

Answer:

TRUE

Explanation:

That's true. As long as the person is alive, only he or she can open the safety deposit box. This is a way of ensuring the confidentiality and financial privacy of people. The only way for another person to gain access is after the holder's death, but only after due process of inheritance.

Amanda [17]3 years ago

4 0

Yes and No. In the event of your death or a sickness, you can appoint someone as a deputy to be responsible for the contents of your box. However, other people, like the IRS, cannot open your safety deposit box.

You might be interested in

Anna35 [415]

Answer:

Foreign trade

Explanation:

Often times a major determiner of the value of countries currency is the amount of their exports.

Thomas therefore as a financial advisor should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency.

5 0

3 years ago

Read 2 more answers

Wind damage occurs to your car costing $800 to repair. If you have a $500 deductible for collision and full coverage for compreh

Igoryamba

Answer:

$300

Explanation:

Deductible referred to as the amount paid from one's pocket to join the amount of one's loss, while the insurance company balance up the remaining.

The loss which is $800 is a little bit more than deductibles.

Damage=$800

Deductibles=$500

The damages is just $300 more than deductibles.

As stated in the question there is a collision and comprehensive insurance for the driver , therefore the driver will pay $500 from his own pocket.

THE PORTION OF CLAIM THE INSURANCE COMPANY PAY =($800-$500)=$300

$300 will only be received from the company.

In Higher deductibles the premium insurance is reduced in cost.

In lower deductibles there is higher premium but with the cost from one's pocket is low.

Deductible has influence on

one's claim.

Comprehensive insurance is one of automobile insurance,it covers damages or event that occurs to a car that is out of one's control.It covers for replacement or repairment of one's car if damaged by something or to repair bit, other a collision.

Comprehensive insurance can cover up for

theft ,natural disasters or from fire incident.

5 0

3 years ago

Read 2 more answers

This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Stu

asambeis [7]

Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column

Explanation:

TSA is very similar to AFP

4 0

3 years ago