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3 years ago

Wholesale insurance brokers (also called excess and surplus lines brokers) are intermediaries between:

Business

1 answer:

valina [46]3 years ago

6 0

Answer:

3. an insurance agent and an insurance company

Explanation:

Insurance simply means protection from financial loss.

Types of insurance are:

1. Property insurance

2. Life or personal insurance

3. Marine insurance

4. Fire insurance

5. Liability insurance

6. Social insurance

7. Guarantee insurance

Insurance Agents are people that work for insurance companies to reach out to new and existing customers to sell insurance. An insurance agent acts as an intermediary between an insured and the marketplace

An insured means a person or organization covered by insurance. They are like consumers.

Insurance company (insurer) is a business that provides coverage, in the form of compensation resulting from loss, damage or injury, treatment or hardship in exchange for premium payments.

Wholesale Broker is a type of insurance broker who acts as an intermediary between a retail broker (insurance agent ) and an insurer while having no contact with the insured

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Kart Inc., a publishing house, allows employees to log in at their preferred time and log off after completing eight hours. It d

Naddik [55]

Answer:

flexible time

Explanation:

Since their work time is not fixed, these employees have flexible work time. Often, this kind of working time is deemed to be a non-financial work benefit, as most people prefer to define their own work time. Sometimes, it is debated if this is really beneficial for the employees.

Nonetheless, they do have to respect their daily work time slot,

3 0

3 years ago

. If the price elasticity of demand for pineapple is 0.75, a 4% increase in the price of pineapple will lead to a A. 3% decrease

ludmilkaskok [199]

Answer:

A) 3% decrease in the quantity demanded of pineapple.

Explanation:

We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.

In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.

Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%

3 0

3 years ago

Read 2 more answers

Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct mater

Marta_Voda [28]

Answer:

Cost of goods sold = $960,839

Explanation:

Preparing cost of goods sold budget:

Number of units to be sold = 20,000 - 675 = 19,325

As for the information provided:

Direct Materials = $14 $\times$ 19,325 = $270,550

Direct Labor hours = 1.9 $\times$ 19,325 = 36,717.5

Direct Labor Cost = $16 $\times$ 36,717.5 = $587,480

Variable overhead = $1.20 $\times$ 36,717.5 = $44,061

Fixed overhead = $1.60 $\times$ 36,717.50 = $58,748

Therefore, cost of goods sold = $960,839.

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3 years ago

What role did patents play in the work of inventors such as Thomas Edison? Patents protected inventors and let them profit from

umka21 [38]

<em>Patents protected inventors and let them profit from their inventions</em>

5 0

3 years ago

Which is greater: 1 hour or 60 minutes?

musickatia [10]

Answer:

both r the same

Explanation:

Stay safe, stay healthy and blessed.

Thank you

5 0

2 years ago

Read 2 more answers