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3 years ago

The following are insured for medical payments under a Personal Auto Policy (PAP):

Business

1 answer:

Marina86 [1]3 years ago

3 0

Answer:

The correct answer to the following question is option D) all of the above statements A,B,C are correct .

Explanation:

Personal auto policy (PAP) is a pretty standardize policy design for auto insurance , where such policies provides coverage for medical payments , damage from both under insured and un insured motorists, for the liability and any damage to the vehicle. Under this policy any person who is injured by insured or insured himself or his family members and even any other person who is in possession of covered auto are all insured for receiving medical payments.

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Read the scenario and answer the question.

Aleksandr-060686 [28]

Answer:

A). The price of gasoline increased in coastal cities since gasoline was harder to find.

Explanation:

As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase. In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.

Gasoline has no close substitutes, especially when used as fuel for cars and generators. A shortage results in the scramble for the little available products. Sellers hike prices to maximize profits, and buyers are willing to pay more to get the scarce gasoline, thereby increasing its prices.

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3 years ago

Different between fixed assets and current assets

Colt1911 [192]

Answer: it is great

Explanation:

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2 years ago

A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others.

viva [34]

I wanna say the answer is D it sounds the safest

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3 years ago

Read 2 more answers

Laurel, Inc., and Hardy Corp. both have 6 percent coupon bonds outstanding, with semiannual interest payments, and both are curr

stealth61 [152]

Answer:

A. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds?

Laurel, Inc. = -8.11%

Hardy Corp. = -18.91%

B. If interest rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of these bonds be then?

Laurel, Inc. = +8.98%

Hardy Corp. = +25.49%

Explanation:

bonds with 6% semiannual coupons, sold at par $1,000

Laurel, Inc. bond maturity in 5 years

Hardy Corp. bond maturity in 18 years

the current price of a bond is the sum of the present value of its face value and coupons. I will use an annuity table to calculate PV of face value and an ordinary annuity table for the coupons:

Laurel, Inc.

market rate 4% = ($1,000 x 0.8203) + ($30 x 8.9826) = $820.30 + $269.48 = $1,089.78, % change = 89.78/1,000 = 8.98%

market rate 8% = ($1,000 x 0.6756) + ($30 x 8.1109) = $675.60 + $243.33 = $918.93, % change = -81.07/1,000 = -8.11%

Hardy Corp.

market rate 4% = ($1,000 x 0.4902) + ($30 x 25.489) = $490.20 + $764.67 = $1,254.87, % change = 254.87/1,000 = 25.49%

market rate 8% = ($1,000 x 0.2437) + ($30 x 18.908) = $243.70 + $567.24 = $810.94, % change = -189.06/1,000 = -18.91%

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3 years ago

The government is trying to maintain the infrastructure of the country, provide Social Security benefits to citizens, and regula

likoan [24]

The government will be able to improve the road system, encouraging more people to drive on vacations. Social Security benefits will provide income for the elderly and disabled, allowing them to spend money, thus boosting the economy. Airline security might be slightly improved because of the ability to hire, but there will not be enough money to provide the latest equipment.

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3 years ago

Read 2 more answers