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Sergeu [11.5K]
3 years ago
12

3. Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money

and the rest a car loan. Nikki bought the car with cash. Jared leased the car. What is true about their options for car insurance? Nikki and Jared have the option to choose the less expensive liability-only insurance coverage. Nikki as the option to choose the less expensive liability-only insurance coverage. Ashley, and Nikki have the option to choose the less expensive liability-only insurance coverage. Ashley, Nikki and Jared all have the option to choose the less expensive liability-only insurance coverage.
Business
2 answers:
notsponge [240]3 years ago
7 0
Given:
<span>Ashley, bought the car with some of his own money and the rest a car loan.
Nikki bought the car with cash.
Jared leased the car.

</span><span>My Answer: Nikki has the option to choose the less expensive liability-only insurance coverage.

Because Nikki paid the car in cash, the ownership of the car is fully Nikki's. Thus, she can choose the less expensive liability-only insurance coverage without any party objecting to her choice.

Ashley co-owns the car with the company or bank she loaned the balance to. She has to heed the decision of the co-owner.

Jared does not own the car. He only leased it. 

</span>
Tems11 [23]3 years ago
6 0

The correct answer is, Nikki has the option to choose the less expensive liability only insurance.

Ashley, Nikki and Jared all selected identical cars of the same price. Bu the mode of payment of all three were different. Ashley bought the car with some of his money plus the loan. Nikki bought the car on total cash and Jared bought the car on lease.

Nikki bought the car on cash, so she is the only one who is the sole owner at the moment without any involvement of any other party, partially or fully. She owns the car, so she has the option to choose the less expensive liability only insurance.

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The labor-supply curve is affected by the trade-off between labor and leisure.
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TRUE.

The labor-supply curve is affected by the trade-off between labor and leisure.

The  opportunity cost of leisure depends on the wage rate, it increases and people supply more labor. Main factors determining the labor supply curve how desirable the work appears to its employees relative to the alternatives available in the market.

Other factors that encourages are government policies and procedures that are labor and trade effective or not. The quantity of workers trained for a particular job specifications. The number of workers in economy and the education required further.

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4 0
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A company reports basic earnings per share of $5.10, cash dividends per share of $2.05, and a market price per share of $65.55.
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Answer:

3.13%

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6 0
3 years ago
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<u>Answer:</u>

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