The amount your insurance company is willing to pay in case you,your property or others are hurt
The answer is Sullivan Principles. General Motors embraced what came to be named as Sullivan principles. This is name after Leon Sullivan which is also a member of GM's Board of Directors. Sullivan contended that it was morally right for GM to function in South Africa so long as two circumstances were satisfied. First, the company should not follow the apartheid laws in its own South African operations. Second, the firm should do all within its power to endorse the elimination of apartheid laws.
Answer:
The summary of the accident, calculate the total dollar value of the property damage Stephanie caused is explained below in detail.
Explanation:
The term 100/300/100 coverage indicates that a character has coverage of $100,000 physical damage mortgage coverage per person, $300,000 total physical damage mortgage insurance per accident, and $100,000 property loss accountability per accident.
So, in case Stephanie prompted a property and accident destruction, then $1,00000 will be sustained by the insurance corporation and above this value, it will be paid by Stephanie.
The correct option is, the quantity of tires bought and sold in the market is reduced.
<h3>When tires are taxed and sellers of tires are required to pay the tax to the government?</h3>
- The amount of tires purchased and sold on the market decreases when tires are taxed and tire vendors are compelled to pay tax to the government.
- The loss of consumer and producer surpluses that are not accounted for in government revenue.
<h3>When a tax is placed on a product the price paid by buyers?</h3>
- In general, taxes increase the price consumers pay, decrease the price sellers receive, and decrease the amount of goods sold.
- A tax must result in a deadweight loss if it is imposed on a good and sales volume is decreased.
<h3>What is deadweight loss?</h3>
- The cost of market inefficiency, which happens when supply and demand are out of balance, is known as a deadweight loss.
- Deadweight loss, a term mostly used in economics, refers to any deficit brought on by an ineffective resource allocation.
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