Answer:
c. consumer to share liability with a company.
Explanation:
From the question information is correct statement regarding insurance is c. consumer to share liability with a company .
Insurance sector is also considered under financial service area .
The operation of bank and insurance is only slightly same , both being the financial service provider .
The insurance company makes sure the customers from any risk , like the car accident ,or any accident with the health of the human .
Answer:
Option (B) is correct.
Explanation:
Given that,
Issued preferred stock outstanding that pays dividend per year = $7.75
Current selling price = $68.19 per share
Required return = (Annual dividend ÷ Current price) × 100
= ($7.75 ÷ $68.19) × 100
= 11.37% (Approx)
Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.
Inherent risk is one of the risks auditors and analysts must look for when reviewing financial statements, along with control risk and detection risk. ... The ultimate risk posed to the company also depends on the financial exposure created by the inherent risk if the process for accounting for the exposure fails.
Opportunity cost - The next-best thing that must be foregone in order to product one more unit of a given product.
Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.
Economics - The social science concerned with how individuals, institutions, and society make optimal(best) choices under conditions of scarcity.
Marginal Analysis - Making choices based on comparing marginal benefits with marginal costs.
If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
<h3>What is Road traffic offense?</h3>
A road traffic offense refers to any act that violated the Road traffic rule.
Some road traffic offense apportioned for a typical road traffic offense includes:
- suspension of driver license
- fines etc
In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
Read more about road traffic offense
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