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Katen [24]
4 years ago
9

Which of the following best describes the consideration on the part of an insurer?

Business
1 answer:
ehidna [41]4 years ago
4 0

Answer:

B) The promise to pay in the event of a covered claim

Explanation:

The promise to pay in the happening of a covered claim apparently describes the promise to pay in the process of covered claim. In insurance matter of contracts, the insurer assures to pay for covered losses which the insured suffers and the insured promises to do what the contract says and pay the premium. Most non insurance contracts are fluctuating contracts. The amount of attention given by both parties are almost equivalent.

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Off-balance sheet activities involving guarantees of securities and back-up
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Answer:

B) increase the risk a bank faces.

Explanation:

Off-balance sheet activities include all the bank's activities regarding assets, debts or other financing activities that are not presented in the bank's balance sheet, e.g. issuance of guarantees, commitments to make loans, etc.

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) describe the importance and benefits of valuing and promoting cultural diversity in work with children and young people
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4 years ago
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
harkovskaia [24]

Answer:

the total product cost is $188,800

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