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Snezhnost [94]
3 years ago
15

Difference between uninsurable and insurable risks

Business
2 answers:
Airida [17]3 years ago
6 0
Uninsurable risk : The risk cannot be estimated and not probable to forsee

Example : You cannot insure you losing or winning the lottery

Insurable Risk : If the risk is can be estimated and probable to forsee

Example : A football player insure their legs from potential injury

hope this helps
Pavel [41]3 years ago
6 0
Difference between uninsurable and insurable risks

Answer: The difference is the following: a risk is uninsurable when the insurance company cannot calculate the probability of the risk. On the other hand a risk is insurable if the insurance company has enough statistics to work out the probability of the risk.

I hope it helps, Regards.
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What is the first step in amending the Texas Constitution?
kolezko [41]

Answer:

The answer is below

Explanation:

According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"

The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.

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3 years ago
A system in which individuals or businesses may buy, sell, and set prices with little government control.
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I think it's C , Competition
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2 years ago
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Madison Corporation reported taxable income of $400,000 in 20 X 3 and accrued federal income taxes of $136,000. Included in the
salantis [7]

Answer:

A. $424,000

Explanation:

current income = Taxable income - Federal tax + Depreciation disallowed + net capital loss carryover          

= $400,000 - $136,000 +  ($200,000 - $60,000) + $20,000

=  $424000

Therefore, The corporation's current earnings and profits for 20X3 would be $424000.

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3 years ago
A court adjudicates Huck mentally incompetent and appoints Inez to be his guardian. Later, without Inez's knowledge, Huck signs
nalin [4]

Answer:

the contract is a. void.

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this is because Huck has been declared as mentally incompetent by the court and that can only be changed by the court as well. so, when he agrees to sell and create a contract, it becomes void, no matter the value is or how closely it relates to the market value.

if it was Inez who came into the contract, then the contract would have been legally binding.

8 0
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What happens when a bank is required to hold more money in reserve?
valina [46]

The thing that happens when a bank is required to hold more money in reserve is It has less money for loans.

<h3>What happens when reserve requirements are increased?</h3>

Banks are known to often hold a lot of reserves if reserve requirements are increased.

This is because it is one that they can be able to use if they want to loan out less of each dollar that is said to be deposited. By raising the the reserve ratio, and also lowers the money multiplier, and lowering the money supply.

Therefore, The thing that happens when a bank is required to hold more money in reserve is It has less money for loans.

Learn more about reserve  from

brainly.com/question/25817380

#SPJ1

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1 year ago
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