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Lorico [155]
3 years ago
7

Everfi answers module 7 answers if you cause a car accident, which type of insurance will require you to pay the least out of po

cket?
Business
2 answers:
seropon [69]3 years ago
8 0
<span>If you cause a car accident, which type of insurance will require you to pay the least out of pocket? A low deductible plan. When you have a low deductible plan, you are going to pay less out of pocket because you will likely meet your out of pocket max in a short timeframe. When you meet your out of pocket max, you hit your deductible amount that needs to be paid by you and then your insurance will handle the rest. </span>
ser-zykov [4K]3 years ago
8 0

If you cause a car accident, the type of insurance that will require you to pay the least out-of-your-pocket is a low deductible plan.

A low deductible plan is the type of insurance plan where the person that is insured is required to pay a low amount of out-of-pocket expenses. In this type of insurance, the insurance policyholder contributes a minimum while the insurance company covers most of the expenses.

<h2>Further Explanation</h2>

However, out-of-pocket-expenses are the amount or the costs that a person spends out of the money they have.  Out-of-pocket-expenses are commonly used to qualify the amount of money an employee spent in carrying out some duties for his company. However, out-of-pocket-expenses money may or may not be refunded.

Out-of-Pocket Expenses are also used to describe a cost that a policyholder must pay for health insurance and also include coinsurances, copays and many more.

In health insurance companies, out of pocket expenses are part of the bill that the insurance company is not responsible for. It is the amount of money that an individual or a policyholder must cover.

Therefore, if you cause a car accident, the type of insurance that will require you to pay the least out of your pocket is a low deductible plan.

LEARN MORE:

  • If you cause a car accident, which type of insurance will require you to pay the least out of pocket?  brainly.com/question/7325538
  • If you cause a car accident, which type of insurance will require you to pay the least out of pocket?  brainly.com/question/3411119

KEYWORDS:

  • car accident
  • insurance
  • the least out of pocket
  • health insurance
  • policyholder
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Answer: In order to answer this, we must first add the options. They are as follows:

A. Am I acting fairly?

B. Is it balanced?

C. How will it make me feel about myself?

D. Will it help me further my career?

E. Is it legal?

The correct option is D. Will it help me further my career. This is a question that should NOT be asked when facing an ethical dilemma.

Explanation:

Ethics are moral principal that guide one's actions and attitudes. Now, all the options above can be properly weighed using ethical standards.

An Ethical dilemma is a situation in which a choice must be made between two options, neither of which will resolve the situation in an ethically acceptable manner.

We will analyze the options one after the other.

Let us start with option A. Am I acting fairly?

When faced with an ethical dilemma, one good question to ask is if an individual is acting fairly, that is, are they acting according to accepted ethical standards? If one's actions go contrary to ethics, then they should probably not undertake such an action. Therefore, this question SHOULD BE ASKED.

Option B. Is it balanced?

Balance here talks about equality. In this case this question looks at whether the action will favour one party over another, or if it will favour everyone equally. Therefore, this question SHOULD BE ASKED.

Option C. How will it make me feel about myself?

This question looks at the after effect of an action, if the action will make you feel good or bad about yourself later on. If the action will make you feel good, then it should be undertaken, but if it will make you feel bad, it should not be undertaken. Therefore, this question SHOULD BE ASKED.

Option D. Will it help me further my career? (Correct option)

This is a wrong question to ask when experiencing an ethical dilemma because it is not a question about ethics or morals, only career advancement, and it does not focus on the right or wrong of an action. Also, this is a selfish question to ask and it does not take into consideration the effect that the action will have on others. This question should therefore, NOT BE ASKED, because it is not a proper reflection of one's ethics.

Option E. Is it legal?

This question looks at the legality of an action, therefore illegal actions should not be undertaken, while legal actions should be pursued. This is a question that SHOULD BE ASKED.

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3 years ago
Select the true statement about the impact of automation on employment. a.) Automated processes have no effect on the number of
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Answer:

b.) While some job loss may occur as a result of automation, the potential for job creation exists

Explanation:

Automation is the process by which a the production process that is usually managed by people becomes mechanised.

The control and monitoring functions that people usually do is now transferred to automatic devices.

While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.

Employees can acquire the required skill to operate the machines that are now used in the production process.

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3 years ago
If, at the current price, there is a shortage of a good, thena. sellers are producing more than buyers wish to buy.b. the market
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Answer:

C. the price is below the equilibrium price

Explanation:

Remember, in the law of demand and supply the quantity supplied is dependent on the value of the price of a good.

In this case the price is below the equilibrium price; meaning demand would be higher than the supply which results in the shortage of the good and the company therefore raises the price of the good.

For example, the price of oranges decrease in the equilibrium price (from $10 to $5), resulting in an increase in the demand for oranges.

The increase in demand would lead to shortage, making farmers increase price wanting to supply more.

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4 years ago
The contingency theory of leadership assumed that there are two kinds of leaders: ________ and ________ leaders. future-oriented
tresset_1 [31]
The contingency theory of leader assumed that there are two kinds of leaders: TASK ORIENTED AND RELATIONSHIP ORIENTED LEADERS. A task oriented leader is one who is most concerned about getting jobs done than with the feeling of and relationship among his team. A relationship oriented leader is one who is primarily concerned with the feelings of his team members and their relationships with one another.
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3 years ago
Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2013, Z-Mart made install
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Answer:

                                        Dr.                  Cr.

Sale

Account Receivable    $300,000

Inventory                                          $210,000

Deffered Gross Profit                      $90,000

Payment Receipt

Cash                             $135,000

Account Receivable                        $135,000

Profit Recognition

Deffered Gross Profit  $40,500

Relaized Gross Profit                      $40,500

Explanation:

On sale a receivable is recorded and goods has been transferred to customer and its cost is been deducted from inventory. The Gross profit is deferred until the receipt of payment.

Deferred Profit = $300,000 x 30% = $90,000

Inventory cost = $300,000 - $90,000 = $210,000

Cash received from the customer, profit proportionated to the the cash receipt is realized gross profit.

Realized Profit = $135,000 x 30% = $40,500

5 0
3 years ago
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