Answer:
utmost good faith
Explanation:
The utmost good faith refers to the principle in which both the parties are acted honestly i.e it disclosed all the information related to the insurance and does not misguide anything to gain a benefit in term of profit
Therefore in the given case, there is a contract made between the two parties where they trust each other and hope that they treated each one in a honest manner
So this situation represent the utmost good faith
Answer:
supply
Explanation:
it is how much of something you have to sell
Marie's daily profit is R 37.50
What is daily profit?
Daily profit from Marie's perspective is the excess of her daily revenue over her daily cost of buying doughnuts from the local bakery, bearing in mind that selling price per doughnut is R5 and cost per unit R3.50
We can first of all determine her daily revenue as the selling price per unit multiplied by the number of doughnuts bought
daily revenue=R5*25
daily revenue=R125
Also, total daily cost is the cost price per doughnut multiplied by the units bought
total cost=R3.50*25
total cost=R 87.5
Having determined the total revenue and total cost daily, we can proceed to computing daily profit as total revenue minus total cost
Profit = Sales - Total Costs
Profit=R125-R87.50
Profit=R 37.50
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Answer:
ratios of trigonometric angles
hope it will help u