Answer:
The personal umbrella policy is excess liability insurance that provides protection against legal liability that is over and above that provided by auto, home, and boat insurance. People with significant assets need an umbrella liability policy to cover lawsuits that can sometimes amount to millions of dollars.
The umbrella policy also has broad coverage that covers some claims that wouldn't be covered at all by home and auto insurance, such as personal injury lawsuits arising from false arrest, slander and libel, or rental units that the insured may own. Not only is the cost of direct damages covered, but also the cost of consequential damages, such as the lost income suffered by a severely injured person because of the injuries. The personal umbrella policy also pays for the legal defense of lawsuits that is in addition to the policy limit for damages. So if you are sued and held liable for $1 million, and your legal costs are $200,000, then a policy providing $1 million of coverage will pay the full claim plus the $200,000 for legal costs.
Explanation:
The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
<h3>What is meant by ethical trap?</h3>
This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.
What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.
Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
Read more on ethics here:
brainly.com/question/13969108
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Answer:
The answers are:
- Product variable
- Promotion variable
Explanation:
The marketing mix consists of 4 variables (4 Ps)
- Product
- Price
- Place
- Promotion
The product variable refers to the actual product or service being sold. In Apple´s case it refers to the products´ technical specifications (iOS, memory, speed, screen size, cameras, etc.).
The promotion variable refers to all the activities a company carries out to inform and persuade their potential customers about the benefits of buying a certain product. In Apple´s case they build up high expectations around their product launches.
Based on the given matrics, the firm with more business risk is Purple Panda.
<h3>Why does Purple Panda have more business risk?</h3>
A company is said to have more business risk if the standard deviation of its expected Net operating profit after tax (NOPAT) is high.
This is because there is a greater variation in the NOPAT which means that a company has a greater risk of making less as well as more returns. Purple Panda has a high NOPAT standard deviation and so is riskier.
Find out more on Business risk at brainly.com/question/713210.
54 is the smallest number that can be written as the sum of 3 squares in 3 ways. 55 is the largest .... 171 has the same number of digits in Roman numerals as its cube. ... 223 is the smallest prime p which has more primitive roots below p/2 than above p/2. .... 302 is the number of ways to play the first 3 moves in Checkers
