<span>Which of the following best describes how auto insurance companies manage risk? Auto insurance companies will charge rates based on what they think is appropriate in regards to how likely you are to file a claim. They take into account many factors that will relate to filing a claim in the future and what you have done in the past. By evaluating these, they are determining the risk and how to manage it. </span>
Answer:
Medium of exchange
Explanation:
Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.
<span>C)<span>Specialization leads to interdependence.</span></span>
Answer:
competitor-oriented pricing
Explanation:
competitor-oriented pricing is a technique for valuing in which a producer's value is resolved more by the cost of a comparable item sold by an incredible contender than by contemplation of purchaser request and cost of generation; likewise alluded to as Competition-Based Pricing.
For instance: a firm needs to value another espresso producer. The company's rivals sell it at $25, and the organization thinks about that the best cost for the new espresso producer is $25. It chooses to set this very cost without anyone else item.
Answer: A
Explanation:
Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.
Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.
