What is the basic difference between liability insurance and collision insurance?

1 answer:

5 0

Liability insurance covers damage to the insured vehicle that occurs as a result of anything other than collision. This can be as a result of Mother Nature, fire or vandalism. Most insurance policies include hitting a deer under the comprehensive insurance rather than collision. This can cause confusion.

Collision insurance covers damage that occurs as a result of a collision with another vehicle or object. This coverage applies regardless of who is at fault in the accident. Collision coverage will handle damage from hitting a post, tree, curb or other various objects.

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True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.

Evgesh-ka [11]

That statement is True
In general, using only one measurement in comparing alternative investments is a mistake.
But, if you're only could choose one measurement, the amount of the dollar gain or loss would be the best because it allows you to determine the time needed before you break your investment event and started obtaining profit.

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2 years ago

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k0ka [10]

Answer:Skysong journal $

Date

December 2020

Raw material Dr 984,100

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Narration. recognition of raw materials purchased at agreed value.

2021

Supplier Dr. 1,032,100

Bank Cr. 1,032,100

Narration. Payment for raw materials purchased at agreed value.

Explanation:

The raw materials needs to be paid for at the agreed value not withstand ing the fall in value. However stock are to be recognized at cost or net realisable value which ever is less and since the market value of the stock has dropped this has to be recognized as a loss in the income statement to avoid the stock been over value.

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2 years ago

Alice listed a three-bedroom home for her client, but before she finds a buyer, the home burns to the ground. What happens to th

Nezavi [6.7K]

Answer:

The agency agreement is terminated upon destruction of the property.

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2 years ago

The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.

dezoksy [38]

Why should i ever care just kidding

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In many of the examples of specialization and trade it sometimes seems that one country is?

Y_Kistochka [10]

In many of the examples of specialization and trade it sometimes seems that one country is?

It is getting favored more ideal arrangement over another, but we have near the no experience with the overall thriving created by the trade or prosperity produced by the exchange.

Specialization is a technique for creation by which an element centre around the development of a restricted extent of merchandise to acquire a more prominent level of effectiveness. Numerous nations, for instance, spend significant time in creating the labor and products that are local to their region of the planet, and they exchange them for different labor and products.

To learn more about specialization enable countries to trade with one to another country

brainly.com/question/7298572

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1 year ago