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zimovet [89]
3 years ago
15

What is the purpose of travel insurance?

Business
2 answers:
lapo4ka [179]3 years ago
7 0
Answer that most makes sense would have to be 3
mezya [45]3 years ago
4 0

The correct answer is 3) to pay for any accidents that happen while you are on vacation

Explanation:

Travel insurance is a type of insurance plan you pay before a trip to cover unexpected events especially accidents, injuries or similar that require medical coverage during a trip. This type of insurance is important because when you travel abroad you might need medical services and by paying a travel insurance these are covered. Besides this, travel insurance can cover other unexpected events such as travel delays, repatriation of remains or lost damage. According to this, the purpose of travel insurance is "to pay for any accidents that happen while you are on vacation".

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Exercise 6-31 (Algorithmic) (LO. 3) Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acqu
jekas [21]

,Answer:

See below

Explanation:

With regards to the above, since the restaurant was not acquired, the cost that is related to acquisition of restaurant will be ignored. It means that the $35,750 will not qualify for deduction.

Also, the expenses for considering the bakery $53,700 will not be allowed all at once.

Now, for any amount exceeding $50,000 there will be a reduction of $5,000

Reduced = $53,700 - $50,000 = $3,700

Then,

$5,000 - $3,700 = $1,300 deductions

Now,

$53,700 - $1,300 = $52,400 which is the deduction allowed in 180 months

Deduction per month = $52,400 / 180 = $291.11. Per month

Deduction for 2 months will be = 2 × $291.11 = $582.22

Therefore, eligible deduction = $582.22 + $1,300 = $1,882.22

4 0
3 years ago
True Vibgyor Inc. sells its e-book readers at the cost price of $15 each. However, the company makes its profits when users have
larisa86 [58]

Answer:

D.  Razor -Razor -blade

Explanation:

A razor - razor blade business model is a type of business model that involves selling a particular product at a low price in increase sales of complementary goods. It refers to  the sales of a core product of a firm at a low price with the expectation that consumer will purchase the more expensive dependent products.

True Vibgyor selling its e-book readers at a $15 and anticipating that the firm will make its profit when the customers buy or download books online is an example of a Razor - razor blade business model.

Hence the answer is    D.  Razor -Razor -blade

8 0
3 years ago
The present value of an annuity falls when interest rates rise
svetoff [14.1K]
That is true, if you raise the rate then the present value falls.Of course, the present value will fall assuming the existence of positive cash flows. This annuity present value is divided into four pieces which are: the present value (PV), the periodic cash flow (C), the discount rate (r), and the number of payments, or the life of the annuity, (T). 
5 0
3 years ago
All of the following characteristics are common to both monopolistic competition and perfect competition except:________
Dima020 [189]

Answer:

The correct answer is option d.

Explanation:

Monopolistic competition is the market where there is a large number of firms producing differentiated products. The firms are price makers and face a downward sloping curve. There is very low or no barriers to entry and exit.  

A perfect competition has a large number of firms producing identical products. These firms are price takers and face a horizontal line demand curve.  There are very low or no barriers to entry and exit.  

The firms in both market forms are trying to maximize profits. The market demand curve is also downward sloping in both. But the monopolistic competition produces differentiated products and firms are price makers.  

4 0
3 years ago
There are many barriers to policy acceptance and enforcement. Which of the following is not one the challenges to policy accepta
Ksivusya [100]

Answer:

None of the above.

Explanation:

Barriers to policy acceptance and enforcement stem from ineffective communication, lack of support for employees, lack of motivation as well as a lack of accountability.

<em>All options fall into one of these categories as will be pointed out below:</em>

  • Organizational support at all levels: A lack of support of the employees at all levels of management, makes acceptance of a new policy difficult for the employees and policy enforcement is bound to fail.
  • Giving employees a stake: This boosts employee motivation and could be achieved by actions such giving awards to employees who successfully follow the new policy the best. A lack of motivation, could impede the smooth acceptance of the policy by employees.
  • Policy awareness: Employees of an organization must be well informed and kept aware of a policy before acceptance can happen. If knowledge of the policy is hoarded or there is ineffective communication of the policy, the employees do not even know about what new policy is being enforced by the company.
  • Understanding disciplinary action for employees who fail to accept policies: This action makes employees realize they are held accountable for following the new policy and a failure to do that will attract a certain level of punishment. This keeps employees on their toes and makes them conscious of the policy to be accepted and enforced. Without this, an employee could fail to accept a policy and feel comfortable doing so.
8 0
3 years ago
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