Answer:
A) The policy would provide a maximum of $100,000 for each person who was injured, and no more than $300,000 for total injuries of all parties in the accident.
Explanation:
The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:
$100,000 - bodily injury liability insurance per person
$300,000 - Total bodily injury liability insurance per accident
$50,000 - Property damage liability per accident.
Answer:
A) true
Explanation:
Capital budgeting is essential to managers in allocation of scarce capital to some investment in an accretive manner. Capital budgeting could be regarded as process undertaken by business so that potential major projects as well as investments can be evaluated. Dividend policy could be regarded as a policy utilize by company in structuring
dividend payout to their shareholders. It should be noted that Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their consequences can affect the amount, timing, and riskiness of the cash flows produced by the firm and its securities.
The money he would have earned as interest at the end of 5 years is $180.
<h3>How much interest would he have earned in 5 years?</h3>
Interest is the total amount that is earned in excess of the amount deposited. Interest is a function of the amount deposited, time and interest rate.
Interest = amount deposited x time x interest rate
$600 x 5 x 0.06 = $180
To learn more about interest, please check: brainly.com/question/26164549
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Hello,
Here is your answer:
The proper answer to your question is "true". For example you can work at a fast food restaurant and all you need is your high school diploma but if you make your own restaurant you need a collage degree.
Your answer is true.
If you need anymore help feel free to ask me!
Hope this helps!