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3 years ago

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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Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. lands'

Musya8 [376]

<span>Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. Lands' end is operating in the reseller market.
This company doesn't use the goods it has bought - it just sells it again to another company so as to get some profit.
</span>

7 0

3 years ago

Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C

barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0

3 years ago

Write the interrelationship between education and profession

Nutka1998 [239]

Explanation:

in order to have a profession you need to get an education first ... if you start out working along side someone,that someone is giving you an education in how to do the job you want to do. if you are planning a profession such as a doctor or a lawyer , prepare yourself for a lot of education..

8 0

2 years ago

The price index in the first year is 110, in the second year is 100, and in the third year is 96. The economy experienced

Digiron [165]

Answer:

a. 9.1 percent deflation between the first and second years, and 4 percent deflation between the second and third years.

Explanation:

To calculate the rate of inflation/deflation, we have to divide by the oldest price index.

The second year, the variation of the price index was:

$\Delta PI/PI=\frac{PI_2-PI_1}{PI_1}=\frac{100-110}{110}=\frac{-10}{110}=-0.909=-9.1\%$

This means a 9.1% deflation.

The third year, the variation of the price index was:

$\Delta PI/PI=\frac{PI_3-PI_2}{PI_2}=\frac{96-100}{100}=\frac{-4}{100}=-0.04=-4\%$

This means a 4% deflation.

8 0

2 years ago

The balance sheet of Cattleman's Steakhouse shows assets of $86,800 and liabilities of $14,800. The fair value of the assets is

xxMikexx [17]

Answer:

The goodwill is $9,220

Explanation:

Goodwill is the excess of purchase consideration paid to acquire a business over the fair value of net assets acquired.

Fair value of net assets acquired is the difference between the fair of assets acquired over the fair value of liabilities taken up which is shown below.

Net assets=$89,600-$14,800

Net assets =$74,800

Since purchase consideration paid is $84020

Goodwill=$84,020-$74800

Goodwill=$9,220

The goodwill of $9220 represents the premium paid over the net assets of Catteman's Steakhouse as a compensation to the owners of the business in return for their efforts of running the business and see go through different phases of development since the establishment of the business.

6 0

2 years ago