Answer:
Frolic
Explanation:
According to the given situation, Mike is a driver of Frank Pizza. He used to deliver pizzas with designated route. Mike wanted to meet with her girlfriend who is living 50 miles out of the route of pizza. Mike injured a pedestrian, Chuck, while driving towards his girlfriend's. The accident was caused as a result of Mike's incompetent delivery truck service. Now chuck is trying to claim from Mile as well as Frank Pizza company.
Here, Frank pizza is not responsible as mike was frolic of his own. Mike was frolic as he want to meet his girlfriend which does not come to his duties.
Therefore, It will also clear his employer of any responsibility, since he at the time was not operating on the route designated.
Answer:
$100,000
Explanation:
A triple indemnity clause attached to a life insurance policy should pay in case of accidental death three times the amount of the policy. But in order for this clause to be effective, the insured must not have any responsibility in the accident.
In this case, since the accident was caused by the insured, the triple indemnity clause doesn't apply, so the regular amount ($100,000) has to be paid to the beneficiary.
Answer:
b. a specialty store.
Explanation:
A specialty store. -
It is a type of retail business , which focus on certain goods and services , is known as a speciality store .
These type of company are expert in making a certain goods or services .
For example ,
The store that are designed specifically for men clothing or women clothing or specific for toys , cosmetics etc .
Hence , from the question , the correct term according to the given information of the question is a specialty store .
The answer is B if that is the correct one
Answer: Josh's bonus is $35,289.53.
In the question above, we need to look at the net savings that will occur from selling drinks instead of giving them as complimentary drinks. So we have,
Net Savings per year = $11.04 million
The company's MARR = 15%
Josh's bonus is 0.14% of the present value of three years' net savings.
Since the quantum of savings is constant each year, we can calculate the present value of these savings by using the Present Value of annuity formula.
![PVA = P * \left [\frac{1-(1+r)^{-n}}{r} \right ]](https://tex.z-dn.net/?f=%20PVA%20%3D%20P%20%2A%20%5Cleft%20%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5Cright%20%5D%20)
PVA = Present value of three years' net savings = 25.20680529
million
Josh's bonus : 0.14% of present value of three years' net savings.
Josh's Bonus = $0.035289527
million or $35,289.53.
