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oksian1 [2.3K]
3 years ago
13

5 An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy

is written for $100,000, and each has the pro rata liability other insurance clause. In the event of a total loss to the building, what would each insurer pay?
Business
1 answer:
qaws [65]3 years ago
5 0

Answer:

each policy will pay $25,000 of the loss

Explanation:

Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.

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Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider when
Levart [38]
Market research.
The firm often goes into uncharted Territories for themselves and takes heavy risks in places unknown to them.
For example, McDonald’s Setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market shape.
- I hope this helps!!! Mark me brainliest
7 0
2 years ago
Clarifying the issues of a problem is the _____ step in the problem solving process.
solmaris [256]

Answer:

hii there

The correct answer is option ( A )

8 Step Problem Solving Process

Step 1: Define the Problem. What is the problem?

Step 2: Clarify the Problem.

Step 3: Define the Goals.

Step 4: Identify Root Cause of the Problem.

Step 5: Develop Action Plan.

Step 6: Execute Action Plan.

Step 7: Evaluate the Results.

Step 8: Continuously Improve

Explanation:

Hope it helps

have a nice day

8 0
3 years ago
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of
kirill [66]

Answer:

The present value index is 0.91 which is less than 1. So, the investment should not be accepted.

Explanation:

Present Value Index : It shows the ratio between the sum of present value of all years cash inflows after applying the discount rate and initial investment.

In mathematically,

Present value index = Sum of present value of all years cash flows with discount rate ÷ Initial Investment

where,

Present value = Net cash flow × Discount rate

So,

Year 1 = $180,000 × 0.909 = $163,620

Year 2 = $120,000 × 0.826 = $99,120

Year 3 = $100,000 × 0.751 = $75,100

Year 4 = $90,000 × 0.683 = $61,470

Year 5 = $90,000 × 0.621 = $55,890

Now, Sum all the yearly cash inflows which equals to

= $163,620 + $99,120 + $75,100 + $61,470 + $55,890

= $455,200

So, the present value index = $455,200 ÷ $500,000 = 0.91

Hence, the present value index is 0.91 which is less than 1. So, the investment should not be accepted.

5 0
3 years ago
Bailey is a new salesperson for a textbook publisher. She is compiling a list of professors who make textbook buying decisions a
coldgirl [10]

Options:

A. prospecting and qualifying.

B. sales identification.

C. personal development.

D. preliminary sales analysis.

Answer:A. prospecting and qualifying.

Explanation: Prospecting and qualifying are two terms which are currently used by the people who are involved in the sales and marketing of products.

Prospecting is the process of identifying and correcting with people or Organisations that can become potential customers.

Qualifying is the process of identifying and confirming if a given lead is a potential and prospective customer.

THE ACTIVITIES OF BAILEY THROUGH WHICH BAILEY WAS ABLE TO IDENTIFY DECISION MAKERS WHO ARE WILLING TO CONSIDER OF HER TEXT IS PROSPECTING AND QUALIFYING.

7 0
2 years ago
fatima is struggling in her job and is experiencing increased dissatisfaction. She related to you that her manager has been unfa
KonstantinChe [14]

<u>Answer:</u>

Fatima's statement that she intends to continue in her job in spite of her dissatisfaction makes you think that Fatima will likely experience​ "Cognitive Dissonance".

<u>Explanation:</u>

Cognitive dissonance is a psychological concept when an individual experiences non consistent thoughts and emotions (regardless of the environment). In this example, Fatima had been expected to quit her job (because she hated the manager).

In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude. People correlate decisions and feelings many times, but due to some factors like patience, need of job etc, worked for an individual to be consistent and continue job.

4 0
3 years ago
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