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Sergeu [11.5K]
3 years ago
9

What is the principle of indemnity? Why is this principle important?

Business
1 answer:
dexar [7]3 years ago
8 0

This principle states to compensate the insured organization or private individual so that their financial position is not affected by the loss. This principle means that someone seeking to take out insurance should not be able to earn a profit from the loss incurred. Example; an office fire ruins computers and therefore the insurance company would compensate only for the value of the equipment and they would not buy a brand new computer as this would mean that the insured individual or business has profited from the fire caused.

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When filing your tax return, what is the maximum amount you can deduct for a capital loss?.
AnnZ [28]

When filing your tax return, the maximum amount you can deduct for a capital loss is $3,000(for individuals and married filing jointly) or $1,500 (for married filing separately).

<h3>What is a tax return?</h3>

A tax return is such or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data.

Tax returns give taxpayers the option to determine their tax liability, plan out their tax payments, or ask for refunds for any taxes they have paid in excess of what is required.

Some characteristics is of tax returns are-

  • For just an individual or corporation having reportable income, such as wages, interests, dividends, capital appreciation, or other earnings, tax returns must typically be filed annually.
  • The tax return is just a document submitted to a taxing authority that lists earnings, outlays, and other pertinent financial data.
  • Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
  • Tax returns must typically be filed yearly.

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5 0
1 year ago
_____ graphics are those in which the data can be moved around within the graphic without changing the meaning.
sergij07 [2.7K]
This doesn't look like p0rnhub to me
8 0
3 years ago
Suppose one of the cases is selected at random and the outcome of the appeal and type of trial are observed.
Kruka [31]
What is the question you are asking
7 0
3 years ago
What is the difference between an "increase in demand" and an "increase in quantity demanded"?
alekssr [168]

A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).

<h3>What is increase in demand?</h3>

A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.

An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.

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6 0
1 year ago
What two things should Zara keep in mind to make sure that the food her restaurant serves is free of chemical contaminants?
aivan3 [116]
Don’t keep food near cleaning liquids

Don’t spray sanitizer near any food items

(May be wrong, don’t hate)
6 0
3 years ago
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