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miss Akunina [59]
3 years ago
13

If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this

type of policy protect the policyholder?
Business
1 answer:
Lemur [1.5K]3 years ago
8 0
If the driver were to get into a crash or accident that was not their fault
You might be interested in
In an open economy, gross domestic product equals $1,970 billion, government expenditure equals $300 billion, investment equals
LenKa [72]
Answer: D

If you add 300 + 500 + 280 and then subtract the answer from 1,970 you will get your answer.
7 0
2 years ago
When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, p
Volgvan

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.

<u>Explanation:</u>

An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.

The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.

5 0
3 years ago
Real GDP per capita is NOT an adequate measure of
mrs_skeptik [129]

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

5 0
3 years ago
The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.
Shkiper50 [21]

Answer:

True

Explanation:

Fraud risk can be regarded as the

possibility of a firm been a prey of any fraudulent activity, it could be altering of financial records or extortion even stealing from the company, fraud can bring down a grown organization if not tackled. It should be noted that The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

7 0
2 years ago
The Humongous Food Store (HFS) has a turnover ratio of 12. The turnover ratio is revenue divided by average inventory. This mean
Kazeer [188]

Answer: compare his turnover ratio to other grocery stores' ratios.

Explanation: The manager should "compare his turnover ratio to other grocery stores' ratios" since Humongous Food Store (HFS) is losing money but have a turnover ratio of 12.

A turnover ratio of 12 means that they sold everything in the store once per month. Turnover ratio is the percentage of mural fund or portfolio holdings that have been replaced in a given year or 12 months period.

8 0
2 years ago
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