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Katyanochek1 [597]
3 years ago
12

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-o

f-pocket for a car accident before your insurance covers your costs?
Business
2 answers:
Anvisha [2.4K]3 years ago
7 0
The answer is 700 dollars
xxTIMURxx [149]3 years ago
5 0
Depends on when you have the accident. If it's in the first month it would be $900.00. You pay the monthly premium up front ($200.00) and the deductible ($700.00) is your portion of the payment to fix the car.
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Riytiz Corp. and Tenkriz Corp. are two industrial developers. They plan to combine their funds, finances, risks, and expertise t
hammer [34]

Answer:

Strategic alliance.

Explanation:

Is an agreement between two entities to pool their resources for achieving a common business goal. Are co-operative relationships between two or more independent organisations, designed to achieve mutually beneficial goals for as long as is economically viable.

There are two types of strategic alliance, horizontal and vertical. The ways to enter in a strategic alliance are a joint venture, an equity participation or a non equity.

The reasons for a strategic alliance could be:

- Gaining an access to a restricted market.

- Ganing a foothold in new market.

- Increase the speed of development of new products.

- Maintain leadership position.

- Leverage upon the benefits like economies of scale, lower costs.

- Gain market power.

- Gain access to know-how.

- Pool resources to fund large capital intensive projects.

- Gaining competitive advantage against competitors.

5 0
3 years ago
0. Sarah takes home $33,000 per year from her job as a computer repairperson. Her only debt obligations are a car loan payment o
Fittoniya [83]

Answer:

Her monthly take home amount is $2750. she is not in danger of credit overload as her total debt obligation per month is only $505 which is only 19% of her overall take home

Explanation:

Sarah's annual take home is $ 33,000 , If we divide it by 12 months so her monthly take home amount will be $2750, Her monthly debt obligation are $395 for Car & $110 Credit card payment which sums to $505. so will still have $2245 every month after paying debt obligation.

4 0
3 years ago
What’s at least 5 daily responsibilities of polygraph analyst
KATRIN_1 [288]

Answer: Why is it advantageous to take market trends into consideration when planning a career path?

Read More >>

Explanation:

6 0
3 years ago
What is the name of the food production strategy, which is characterized by "slash and burn, swidden agricultural techniques use
tigry1 [53]
This food production strategy is what is commonly referred to as unsustainable agriculture. The agriculture process removes the delicate balance of flora and fauna in jungle or forested areas and quickly depletes the land of any remaining nutrients and is therefore unsustainable. The lack of concern or care for the natural environment can lead to larger catastrophes like the creation of scorched earth or desert-like environments where plant and animal life cannot return for decades, if ever.
8 0
4 years ago
Riley, age 16, and Samuel, age 36, enter into a contract in which Riley will sell Samuel his car for $11,000. The next day, Samu
Olin [163]

Answer: The answer is that Riley cannot enforce the contract because he is a minor.

Explanation:

Contract is an agreement between two or more individuals which is enforceable by the law. For a contract to be considered valid in law it must contain some essential elements such as the following

Offer: This is the person who is making the offer in the contract agreement, known as the offeror

Acceptance : This is the person who is willing to accept the offer, known in this case as the offeree.

Consideration : The law states that, all simple contract must be supported by value consideration known as price.

Intention to create legal relations :The parties in contract must agree to enter into a legal relationship as regard the contract.

Capacity : The law also states that, The parties in contract must be capable of entering into contract at the time of coming into the contract. In other words, the person must be of age of 18 years and above.

Legality : The contract must not contrary to the law , it must be seen to be legal according to the law .

Therefore, in the question under review, Riley is 16 years, by law he is a minor, he has not fulfilled one of the essential elements of a valid contract which is capacity. The law states that, any contract enter into with a minor is null and void according to law.because, as at the time of entering into the contract such a minor is not capable of entering into the contract. Therefore, Riley will not be able to enforce the contract because he is a minor.

3 0
3 years ago
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