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4 years ago

What is the amount of money that the policy holder must pay before the insurance company will reimburse an insured loss?

Business

2 answers:

oksano4ka [1.4K]4 years ago

5 0

the answer to your question is deductible

bija089 [108]4 years ago

3 0

The policy holder must pay deductible.

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which term is defined as the state government granting power, license, or real property to a private individual or individuals u

insens350 [35]

law on property rights is defined as the state government granting power, license, or real property to a private individual or individuals using a land patent

A property's legal ownership and permitted uses are governed by property right law. When it comes to land, it has been noted that theft is common. People who purchase properties often lose them to thieves when they are resold to someone else who is unaware that the property has already been sold to someone else. The property right law was established to stop this circumstance from occurring frequently so that the owner of a plot of land would have the legal right to claim ownership for it and use it for any purpose he desired without fear of it being taken by someone else.

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1 year ago

Bain corp. owned 20,000 common shares of tell corp., purchased in year 1 for $180,000. on december 15, year 5, bain declared a p

amid [387]

Answer:

$300,000

Explanation:

Although the property dividend was distributed on January 15, year 6. the amount that will be used is the value of the shares as at the declaration date and not the distribution date

Hence, since the aggregate market price of the tell shares held by bain was $300,000. on the declaration date, the entry to record the declaration of the dividend should include a debit to retained earnings (or property dividends declared) of $300,000

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3 years ago

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

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3 years ago

When the Fed buys bonds from financial institutions, new money moves directly Group of answer choices

Dimas [21]

Answer:

out of the loanable funds market.

Explanation:

In the case when the Fed purchased bonds from a financial institution so the new money shift directly out of the funds market i.e. lonable because the bank reserve would increased also they begins lending at lesser rate of interest

Therefore as per the given situation, the fourth option is correct

And, the same is relevant

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3 years ago

Compared to commercial banks, finance companies usually signal solvency and safety concerns by

Oduvanchick [21]

Compared to commercial banks, finance companies usually signal solvency and safety concerns by holding higher capital-asset ratio

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3 years ago