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
charle [14.2K]
3 years ago
14

Larry Simmons has​ split-limit 150​/225​/110 automobile liability insurance. Several months ago Larry was in an accident in whic

h he was found to be at fault. Four passengers were seriously injured in the accident and were awarded ​$243,000 each because of​ Larry's negligence. How much of this judgment will​ Larry's insurance policy​ cover? What amount will Larry have to pay out of​ pocket?
Business
1 answer:
goblinko [34]3 years ago
3 0

Answer:

Larry's insurance policy​ cover = $729,000

Amount pay by Larry = $243,000

Explanation:

Given:

Number of insurance = 3

Each injured person awarded = $243,000

Find:

Larry's insurance policy​ cover

Amount pay by Larry

Computation:

Larry's insurance policy​ cover = Number of insurance × Each injured person awarded

Larry's insurance policy​ cover = $243,000 × 3

Larry's insurance policy​ cover = $729,000

Amount pay by Larry = $243,000 (For fourth person)

You might be interested in
4. Labour Institutions Act(10MKS)
lord [1]

Answer:

  • Reduce discrimination.
  • Reduce exploitation.
  • Reduce inequality/ poverty.
  • Increase productivity.
  • Economic growth.

Explanation:

It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.

Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.

Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.

Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.

With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.

4 0
3 years ago
Plastic and steel are substitutes in the production of body panels for certain automobiles. If the price of plastic increases, w
Neporo4naja [7]

Answer:

The demand curve for steel to shift to the right

Explanation:

The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687

Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.

I hope my answer helps you

4 0
3 years ago
Correct identification of the underlying root cause is the desired outcome of the ________________ approach to problem solving.
Citrus2011 [14]

Answer:

Letter A is correct. <u>Cause-oriented.</u>

Explanation:

A cause-oriented approach to problem solving is a method characterized by focusing on the history of the problem and then thereafter finding the root cause that originated it.

It is a very effective method when used to find solutions to various organizational problems that are apparently unsolved.

8 0
3 years ago
Jasmine is the director of marketing for a chain of clothing stores. She's been given a set budget and needs to drive as many po
klio [65]

Answer:

Strategy she should use is "Maximize Clicks"

Explanation:

Jasmine should use Maximize clicks automated bidding strategy as to drive her clients to her website so that maximum people can visit her website in a set budget and choose her clothing products.

3 0
3 years ago
If a driver with an insurance policy drives infrequently, it can
e-lub [12.9K]

Answer: lower cost

Explanation:

An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.

In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.

Therefore, the correct option is B.

3 0
3 years ago
Read 2 more answers
Other questions:
  • A fixture is an object that formerly was personal property but has become real property. Of the following four rules for determi
    15·1 answer
  • TopChop sells hairstyling franchises. TopChop receives $50,000 from a new franchisee for providing initial training, equipment,
    13·1 answer
  • Sally needs to gather information about carees from a print or media source. Which of the following would be a reliable resource
    12·1 answer
  • Items held for sale in the normal course of business are referred to as
    6·1 answer
  • when resources are purchased from outsiders through long term contracts instead of being made in house, this process is referred
    10·1 answer
  • The most important benefit of celebrating partnership success by ""telling your story"" is that it: A. Establishes connections b
    7·2 answers
  • Nikki, the design and development manager at Holden Outerwear, says she likes "taking something everyone does every day and doin
    9·1 answer
  • Which situation best illustrates an effect of the law of demand?
    6·2 answers
  • Explain the difference between gross pay and net pay.
    8·1 answer
  • Overuse of the priority flag by a business email sender can lead to a reputation as?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!