1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Snezhnost [94]
4 years ago
15

Difference between uninsurable and insurable risks

Business
2 answers:
Airida [17]4 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]4 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.
You might be interested in
Art sotak has just accepted a job as an salesperson in a firm that sells in the business-to-business market. he has always sold
ella [17]
It's very likely that art will Find that industrial buyers tend to purchase more on impulse than consumer<span> buyers.
This means that industrial buyers seldom making any concrete purchase for their needs. Their purchasing strategy usually revolves sitting around until they found an opportunity that would be the most suitable  to enhance their profit depending on their current problems/situation.</span>
5 0
3 years ago
Which aspect of the organization should Albert have been aware of before joining it?
Yuliya22 [10]

Answer:

well you have to think before taking action in something

7 0
3 years ago
Assume the global economy consists of just two trading partners, the United States and Europe. Determine whether each scenario b
lyudmila [28]

Answer:

United States and Europe

Determination of United States having a trade deficit, balanced trade, or a trade surplus:

a. Trade surplus (investment surplus)

b. No effect on trade surplus or deficit

c. Trade surplus

d. Investment surplus

e. Balanced trade

f. Balanced trade

Explanation:

The United States experiences a trade surplus when its exports to Europe is higher than the imports from Europe, whether it is for goods, services, or investments.

On the other hand, the United States will experience a trade deficit when its imports from Europe are more than its export to Europe.

The US and Europe will have some advantages and disadvantages to having a trade deficit or surplus.  When the US experiences a surplus, the exchange rate between the two continents increases in favor of the US.  However, there will a reduction of the competitiveness of the US exports as higher prices will be incurred by Europe for US exports.

3 0
3 years ago
You bought 1,000 shares of Tund Corp. stock for $60.59 per share and sold it for $82.35 per share after a few years. How will yo
ahrayia [7]

Answer:

gain will treat as capital gain at long term tax rate

Explanation:

given data

bought shares = 1,000  

stock for = $60.59 per share

sold  = $82.35 per share

solution

as gain from sale of stocks is held for an investment purpose and it is treated as capital gain

when stock is here held for more than year

so gain is taxed as long term capital gain

and when gain is less than year  than gain taxed short term capital gain

but here we have given stock for more than year

so here gain will treat as capital gain at long term tax rate

4 0
3 years ago
Harrisonburg Company had current and total assets of $470,000 and $1,000,000, respectively. The company’s current and total liab
yaroslaw [1]

Answer:

Working Capital= $203,000

Current ratio= 1.7603

Explanation:

Working capital is the liquid assets that are available to a business for the day-to-day operations. It is calculated by getting the difference between current assets and current liability.

Current asset= $470,000

Current liabilities= $267,000

Working capital = Current Assets - Current Liabilities

Working Capital= 470,000-267,000

Working Capital= $203,000

Current ratio is a liquidity ratio that measures a business's ability to pay it's short term liabilities.

Current ratio= Current Assets/ Current Liabilities

Current ratio= 470,000/ 267,000

Current ratio= 1.7603

4 0
3 years ago
Other questions:
  • Which of the following is NOT one of the major factors that is credited for contributing to the rise of advertising?
    7·1 answer
  • Fundamental analysis determines that the price of a firm's stock is too low, given its intrinsic value. The information used in
    9·1 answer
  • Allie's only source of income for the year is wages from a part-time job of $9,000. She is not married and has one dependent chi
    15·2 answers
  • Brokerage relationships must be disclosed in writing prior to : Eliciting or accepting confidential information from a buyer con
    9·1 answer
  • Which of the following is a supporting activity in the value chain? a. Logistics b. Marketing and sales c. Accounting d. Product
    5·1 answer
  • Lambert Company purchased $140,000 of goods in September and expects to purchase $130,000 of goods in October. Lambert typically
    9·1 answer
  • You invested $10,000 in 2020. It increases 5% for 5 years. Over the next 5 years it decreases in value by 5% each year. How much
    12·1 answer
  • Sportly, Inc. completed Job No. B14 during 2011. The job cost sheet listed the following: Direct materials $44,000 Direct labor
    9·1 answer
  • Buyer Kristin has a buyer agency agreement with Carlotta, a licensee. Kristin's brother, Dalton, is going to showings with Krist
    10·1 answer
  • The __________ system is a free online service that allows employers to check the legal status of their employees.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!