1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sati [7]
3 years ago
15

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage

and $250,000 in liability coverage. Six years into her policy, a tree fell on Eleanor's home and caused $40,000 worth of damage. Eleanor's insurance company paid the claim. Did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? (5 points)
Business
1 answer:
erastovalidia [21]3 years ago
3 0

Answer:

Yes, the benefit of transferring the risk to the insurance company did outweigh the cost of paying insurance premiums.

During six years Eleanor paid $2,000 per year in insurance premium, totaling $12,000. After the tree damaged Eleanor's house, the cost of the repairs was $40,000, which is much higher than $12,000.

You might be interested in
Due to impending labor strife over planned layoffs in its Silicon Valley headquarters, a social networking company has decided t
Ivanshal [37]

Answer:

putting a halt on the layoffs

Explanation:

This strategy should begin by putting a halt on the layoffs. This should be top priority since the layoffs themselves are the main cause for the criticism that the company is receiving and this criticism is the sole reason as to why its market position and staff productivity has fallen drastically. People think the company is failing and the staff is scared that they will eventually be fired. By stopping layoffs and waiting for a market recovery you give other better options a chance to arise and more efficient strategies to take effect.

6 0
3 years ago
After the civil war, what became the major form of business organization because of its ability to raise money through the sale
Illusion [34]
After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.
7 0
3 years ago
Mark accidentally overheard a confidential phone conversation between his boss and the district manager during which they discus
EleoNora [17]

Answer:

-Say nothing to his co-workers since this was a private conversation and he could lose his job if his boss found out he was spreading sensitive company information

Explanation:

Since in the situation it is mentioned that Mark accidentally heard a confidential phone conversation in which the possibility of layoff in the sales division would be discussed he is not in danger but some of his friends are the sales representatives so mark would not tell anyone as it is a private conversation and he could lose the job if the boss knows that the information is spread by mark

Therefore the second option is correct

5 0
3 years ago
What are the benefits of hiring a teenage worker?
stealth61 [152]
Seen as it may be 1 of there first jobs you can pay them less because they don't have as much experience as someone has has worked in the job for years
3 0
3 years ago
Read 2 more answers
Which is a good way to improve your marketability to employers?
Flura [38]
I think that what you should maybe be very social, and outgoing
6 0
3 years ago
Other questions:
  • A loan that is less risky for a lender and is associated with a valuable asset is called a(n) . Rayna needs to get a new set of
    13·2 answers
  • The jones company has just completed the third year of a​ five-year macrs recovery period for a piece of equipment it originally
    9·1 answer
  • However, the debt issues also raises the probability of bankruptcy. You company has a 30% chance of going bankrupt after 3 years
    10·1 answer
  • On December 31, 2017, Coolwear, Inc. had a balance in its prepaid insurance account of $48,400. During 2018, $86,000 was paid fo
    14·1 answer
  • One negative consequence of using automation to improve manufacturing production is that:
    8·1 answer
  • Demonstrate an understanding of the Five Forces Model by choosing an organization or product - then by answering the questions,
    5·1 answer
  • Trek Cycles estimates the production of the model X-1 will incur an overhead of 150,000 machine hours and cost $30,000. It takes
    10·1 answer
  • One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% o
    6·1 answer
  • two special courses suggested for the career and has offered reasons for their placement Agriculture, Food & Natural Resourc
    6·1 answer
  • 2008 1 Mar Started business with $1,000 cash.<br>credit or debit​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!