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4 years ago

Which of the following does not constitute an insurable interest?

Business

2 answers:

bekas [8.4K]4 years ago

7 0

Answer:

B) you make an offer to buy your neighbor's house.

Explanation:

An insurable interest is something (a material or immaterial object) that an individual believes he should obtain insurance to protect himself from unforeseen events such as economic losses, death, etc.

For example, you can obtain insurance for your house or your car (material objects), a bank can obtain insurance for your mortgage (immaterial object), etc.

When you make an offer to buy something, there is nothing (no object) you can insure since you don't own anything yet.

Murrr4er [49]4 years ago

6 0

Answer:you make an offer to buy your neighbor's house.

Explanation:

As seen from the aforementioned alternatives which all have insurable interest.Thus they are expantiated;

1)Firstly,a savings and loan company holding a mortgage on your home has an insurable interest on interest of the property on insurance premium.

2)Secondly,your lease makes you liable for fire damage to your rented premises makes for an insurable interest which is in form of mortagee/morgator contract,even if it isn't your property,it makes you liable for an insurable interest.

3)Thirdly,you have custody of a valuable painting when the owner is away also makes you eligible for an insurable interest.Though here as carrier,it still gives the right to an insurable interest courtesy of the fact that it is in your custody.

Finally,you make an offer to buy your neighbor's house doesn't make you eligible for an insurable interest because it's just a matter of a vocal agreement,thus no transaction has been carried out and therefore,no property transferred to your custody either way.

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In an interview, a tough question _____. A. May show the interviewer how you think under pressure b. May be designed to rattle y

m_a_m_a [10]

Answer:

D) All of the above

Explanation:

In a job interview, the interviewer must try to determine if a candidate fits the job profile or not, and he/she really has a very limited amount of time. A very effective way of knowing someone is how that person reacts under pressure when faced with really tough and problematic situations. Being interviewed is already tough, and a really difficult question that doesn't necessarily have a right or wrong answer doesn't make it easier.

Many times the applicant's reaction is more important than the answer itself.

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3 years ago

Read 2 more answers

Farah is one of a handful of permanent employees at an e-retailing company that has little to no formal structure. Depending on

Lera25 [3.4K]

Answer:

virtual organization

Explanation:

A virtual organization is a type of organization that has employees situated in several geographical locations, either on a temporary or permanent basis, who carry out its several production functions, and are usually dependent on electronic means of communication and executing production. A virtual organization really do not have any real formal structure. One of the major advantages of such organization is that it is cost saving.

Farah’s company is an example of a virtual organization.

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3 years ago

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.50 percent, a par value of $1,000 pe

katrin [286]

Answer:

2.9652%

Explanation:

to determine the cost of debt we must use the FMV of the bonds plus the YTM:

first bond:

FMV = 1.09 x $1,000 = $1,090 x 3,600 bonds = $3,924,000

YTM = {C + [(F - P)/n]} / [(F + P)/2] = {17.5 + [(1000 - 1090)/16]} / [(1000 + 1090)/2] = (17.5 - 5.625) / 1045 = 1.136% x 2 = 2.27% annual

second bond:

FMV = 0.95 x $2,000 = $1,900 x 3,950 bonds = $7,505,000

YTM = {C + [(F - P)/n]} / [(F + P)/2] = {59.4 + [(2000 - 1900)/42]} / [(2000 + 1900)/2] = (59.4 + 2.38) / 1950 = 3.168% x 2 = 6.34% annual

total debt = $3,924,000 + $7,505,000 = $11,429,000

weighted average after tax cost of debt:

{($3,924,000/$11,429,000 x 2.27%) + ($7,505,000/$11,429,000 x 6.34%)} x (1 - 0.40) = (0.779% + 4.163%) x 0.6 = 4.942% x 0.6 = 2.9652%

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4 years ago

For every A you earn on your report card, your grandma gives you a twenty dollar bill. This is an example of

never [62]

Answer:

a positive incentive I think

Explanation:

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3 years ago

Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition

mafiozo [28]

Answer:

im not 100% but think this is right

Explanation:

the author is making a claim of fact, because he is claiming that provides no economic benefits. im not sure about the second part

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2 years ago