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Softa [21]
3 years ago
15

International Toys (IT) manufactures toys in South Carolina and sells them to stores around the world. A customer in Europe is i

njured when one of the toys malfunctions and severs the customer's hand. The customer files suit in the United States. If IT is found liable, does its Commercial General Liability (CGL) Coverage Form cover the customer's claim?
Business
1 answer:
8090 [49]3 years ago
5 0

Answer:

Yes

Explanation:

Commercial General Liability (CGL) Policy is a standard insurance policy issued to business organizations <u>to protect them against liability claims for bodily injury (BI)</u> and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.

The policy was introduced in 1986 and replaced the "comprehensive" general liability policy.

Embedded in its definition i that it covers primarily liability claims for bodily injury.

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What position would you call a person who works in the recreation part of a nursing home??
Sergio [31]

Hope this Helps idk if this is the answer but a person who works in a nursing home mostly be CNA's or RNA's

4 0
3 years ago
b. Now suppose instead that housing credits are withdrawn gradually at a rate of $500 for each $1,000 that someone is earning ab
zavuch27 [327]

Answer: $0

Explanation:

Layla qualifies for $8,000 in housing credits.

These are withdrawn at $500 for every $1,000 she earns above the wage limit of $26,500

Layla's annual income = 35,000 + 7,500

= $42,500

Amount earned above limit = 42,500 - 26,500

= $16,000

Amount of housing credit withdrawn is $500 per thousand so for $16,000, $8,000 will be withdrawn from her housing credit.

Housing credit = 8,000 - 8,000

= $0

5 0
3 years ago
How companies can link their compensation and evaluations to organizational objectives?
kicyunya [14]

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

8 0
2 years ago
Following are Nintendo’s revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in
Gnom [1K]

Answer:

1.

Dr. Net Sales               ¥ 1,888,622

Cr. Income Summary  ¥ 1,888,622

2.

Dr. Income Summary      ¥1,770,833

Cr. Cost of sales              ¥ 1,254,981

Cr. Advertising expense ¥ 118,308

Cr. Other expense           ¥ 397,544

Explanation:

Closing Entries are passed to close the temporary accounts of a business for the year. These accounts are closed and their balances are transferred to income summary account.

First we will close the the revenue / income accounts and then expenses or cost accounts.

4 0
3 years ago
Shock Electronics sells portable heaters for $35 per unit, and the variable cost to produce them is $22. Mr. Amps estimates that
Dafna11 [192]

Break-even point in units is 7,500 unit

<u>Given that;</u>

Cost of each heater = $35

Variable cost of each heater = $22

Fixed cost = $97,500

<u>Find:</u>

Break-even point in units

<u>Computation:</u>

Contribution = Sales - VC

Contribution = $35 - $22

Contribution = $13

Break-even point in units = Fixed cost / Contribution

Break-even point in units = 97,500 / 7

Break-even point in units = 7,500 unit

Learn more:

brainly.com/question/22871926?referrer=searchResults

5 0
1 year ago
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