Trailer Interchange coverage provides physical damage coverage for non-owned trailers and equipment in the event of an at-fault accident.
A Motor carrier coverage form provides various insurance coverages in different aspects. From this, the one which provides physical damage coverage for non-owned trailers and equipment in the event of an at-fault accident is the Trailer interchange coverage/ insurance. This costs an average of about $110/month or $1340/year, which makes it apparently less expensive. This coverage is provided in case the owners of the trucks or motor carriers hire other trailers. That is, this is used when there is an interchange of trailers between motor carriers. This makes the owner of the trailer legally liable for the damage. So this covers the damages to the trailers if caused in the event of an at-fault accident.
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Answer:
Cost principle
Explanation:
Cost principle -
It refers to the amount of the specific object to be recorded during the time of acquiring , is referred to as cost principle .
Cost principle is also called historical cost principle.
During the acquisition , the amount recorded need to be correct , any alteration in the amount leads to the violation of the cost principle.
Similar situation is showcased in the question,
Hence , from the given options the correct option is cost principle.
Answer:
is the degree to wish people or appreciate one another
Explanation:
<span>Women participating in the labor force is known as shattering the glass ceiling. The term originated in the 1980s and refers to woman who are moving up in the business world.</span>
