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IgorC [24]
3 years ago
8

Joe Keller and Ed Keller are brothers and both are lawyers. They start a personal injury law firm. Over the course of six months

, they lose financially, as the settlements reached were not large enough to cover their expenses. The business is in debt. Which is the most likely scenario regarding their debt?
Business
1 answer:
dlinn [17]3 years ago
7 0

Answer:

<h2>They are bankrupt.</h2>

Explanation:

Bankrupt is a stage given by a legal court, that is legally assigned when they are able to demonstrate that they can't pay the debts. So, the court could order the relief of their debts or part.

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Determine whether the following arguments are best interpreted as being inductive or deductive. Also state the criteriayou use i
eduard

Answer:

Congruent triangles has the two angles of one of their sides equal

This means if a triangle side has angles of 30 and 60 degrees the other triangle also has 30 and 60 degrees.

An isoceles triangle will have 2 angles of the same degree. Thus, If triangle A is isoceles then, two angles add up to make the third equal to one these two.

We should remember that angles inside a triangle always add up to 180ª

2a +b = 180

a + b = 180 - a

if the other triangle has 2 angles mathing the isoceles triangle, then it is also  an isoceles.

Uploaded an image of an isoceles triangle to understand better.

Explanation:

6 0
3 years ago
Which statement is true about an original fashion and its knockoff? A. The knockoff will be more expensive than the original. B.
qaws [65]

Answer:

D. The knockoff may miss the finer fit and design details of the original.

Explanation:

Knockoffs are popular in the fashion industry of today. Why? Since most designer items are highly wanted, but unreachable and too expensive for the masses, some manufacturers opted to create <em>replicas</em> of those items.

These items are often made in mass production factories. This is why they often miss the artisan and fine touch of the original designer item.

6 0
3 years ago
Insurance policies often contain a covenant of good faith and fair dealing. Even if the clause is not in the policy, often court
Oxana [17]

Answer:

The <em>covenant of good faith and fair dealing</em> simply requires all the parties to a contract to deal in an even-handed manner such that one party's action does not frustrate the other or prevent the other from getting the benefits of that contract.

In insurance, this covenant is sometimes captured under the heading <em>Uberrima fides</em>. This is a Latin phrase meaning <em>"Utmost Good Faith".</em>

In insurance, this covenant is legally binding on all parties to ensure they each reveal every information that is material to the acceptance or rejection of the risk (on the part of the Insurer) whilst on the part of the Insured the insurer is required to be explicit regarding the terms of the policy as well as the calculations by which the premium is arrived at.

For example, if an Insurance company is looking at covering someone under it's Life Insurance Policy, the person taking out the contract must disclose whether or not the Insured has any latent health issues which might shorten their lifespan. If there is such a condition, the Insurance company may still take on the risk albeit at a relatively higher rate than a client without such medical conditions.

 

An Insurance Company may breach this covenant if they delay or refuse to reasonable settle claims due to the Insured. It may also arise if the Insurance company by some technical manipulation intentionally under settles an Insurance claim.

If for instance, a Comprehensive Insurance Policy files a valid claim, the Insurer may be liable for negligence and or intentional wrongdoing.

Cheers!

6 0
3 years ago
Using the FASFA form, you can apply for:
bearhunter [10]

Can u put more than 1 answers?

If so, Federal student loans and the federal work-study program

6 0
3 years ago
Read 2 more answers
If the nominal interest rate is 4 percent and the inflation rate is 6 percent, then the real interest rate is a.-4 percent. b.-2
marta [7]

The real interest rate given the nominal and inflation rate is -2 percent

<h3>How to calculate the real interest</h3>

The formula for calculating real interest given the nominal and inflation rate is expressed as:

Real interest rate ≈ nominal interest rate − inflation rate

Given the following

Real interest = 4%

inflation rate = 6%

Substituting into the formula

Real interest rate = 4% -  6%

Real interest rate = -2%

Then the real interest rate given the nominal and inflation rate is -2 percent

Learn more on real interest here: brainly.com/question/25545513

7 0
2 years ago
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