Pros and cons on outdoor advertising

Why are certain crime losses, such as the theft of furs and jewelry, a more difficult exposure to insure than fire loss?

a_sh-v [17]

Answer:

It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.

On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.

The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.

5 0

3 years ago

Quinn contracts to provide ten tons of scrap steel at $500 per ton to Rendered Materials, Inc. An unforeseen shortage of scrap s

solong [7]

Answer:

C) performance of the contract is commercially impracticable.

Explanation:

Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.

Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.

In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.

7 0

3 years ago

The computation of the alternative minimum tax base begins with regular taxable income. Which of the following is not part of th

klemol [59]

Answer:

A. Subtract state income taxes paid.

7 0

4 years ago

Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on

oksano4ka [1.4K]

Answer:

a) $P(t=100) = 7 e^{0.03*100}=140.599 billion$

b) $P(t=0) = 7 e^{0.03*0}=7 billion$

$P(t=1) = 7 e^{0.03*1}=7.21 billion$

$P(t=2) = 7 e^{0.03*2}=7.43 billion$

$P(t=10) = 7 e^{0.03*10}=9.45 billion$

$P(t=25) = 7 e^{0.03*25}=14.82 billion$

$P(t=50) = 7 e^{0.03*50}=31.37 billion$

c) Figure attached

d) Figure attached

Explanation:

The proportional model on this case would be given by:

$\frac{dP}{dt} = kP$

Where P is the population size, t the time on years and k a constant.

We can reorder this expression like this:

$\frac{dP}{P} = k dt$

If we integrate both sides we got:

$ln|P| = kt + C$

And using exponentials on both sides we got:

$P(t) = e^{kt} e^C = P_o e^{kt}$

Where $P_o=7 billion$ represent the initial amount for the starting year t=0.

The rate on this case is given $r =3\% = 0.03$ , so then our model would be given by:

$P(t) = 7 e^{0.03t}$

Part a

For this case we just need to replace t=100 and we got:

$P(t=100) = 7 e^{0.03*100}=140.599 billion$

Part b

For this case we have the following:

$P(t=0) = 7 e^{0.03*0}=7 billion$

$P(t=1) = 7 e^{0.03*1}=7.21 billion$

$P(t=2) = 7 e^{0.03*2}=7.43 billion$

$P(t=10) = 7 e^{0.03*10}=9.45 billion$

$P(t=25) = 7 e^{0.03*25}=14.82 billion$

$P(t=50) = 7 e^{0.03*50}=31.37 billion$

Part c

The graph is on the first figure attached.

Part d

If we take a log-log scale we have the following values

We need to exclude the point t=0 since the natural log for 0 is not defined.

ln 1 =0 , ln 2= 0.693, ln 10=2.30, ln 25 =3.22, ln 50= 3.91

The result would be the figure 2 attached. And we see a better result for the graph.

3 0

3 years ago

Under which conditions may a person under 14 years of age operate a vessel legally?

bezimeni [28]

Under the law, 14 years old cannot legally use a PWC legally, unless accompanied by an 18 yr old who has been accepted to use a vessel. The person should also bear the requirements such as the age and approved certification that would prove that he or she is allowed by the government.

6 0

3 years ago