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3 years ago

What would casualty insurance policy cover?

2 answers:

8 0

Casualty insurance covers a broad range of property and injury losses. In home and vehicle casualty policies the plan covers things like injury cause while on the property or by the vehicle.

djverab [1.8K]3 years ago

5 0

Answer:

hi your question lacks options hence i will give you a summary of Casualty insurance policy cover

Casualty insurance policy is an insurance policy that covers a wider range of most or any kind of accident/casualty incidents.

Explanation:

Casualty insurance policy takes care of all or part of the losses encountered by an individual,group of individual, cooperate entity or organization or even the Government. in this type of insurance policy loss incurred in the damage of property or people is covered in it.

The Casualty insurance policy includes several insurance policy like car insurance, housing insurance, theft insurance, life insurance, Elevator insurance and so other forms of insurance. infact casualty insurance is the mother of all kinds of insurance policy because it covers every other form of insurance .

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Suppose that consumption depends on the interest rate. how if at all does this alter the conclusions

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3 years ago

What is the problem the manager faces? who is the decision maker? what is the decision setting or context, and how does it influ

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2 years ago

Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor cos

barxatty [35]

Answer:

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Explanation:

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3 years ago

During the current month, the Acme company had receivables of $16,590. It also had outgoing expenditures of $12,730. The company

andreyandreev [35.5K]

Answer:

$3,849.87

Explanation:

The change in balance is the net of the receipts and the payments.

The receipts include the receivables and the interest paid by the bank while the payments include the outgoing expenditure and bank charge.

Balance change

= $16,590 - $12,730 -$12.50 + $2.37

= $3,849.87

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3 years ago

2. A welder and a carpenter decided to get out of the construction industry and build farm trailers instead. From building a few

Firlakuza [10]

Answer:

Answer is explained in the explanation section below.

Explanation:

Data Given:

Material Cost Per Trailer = $500

Material Cost plus Profit Per Trailer (15%) = $500 + 75 = $575

Selling Price = $1000

Labor Cost Remaining Per Trailer = $425

Formula to Calculate the number of Trailers:

X = X1 ( $N^{S}$ )

Where,

N = number of Trailers

S = Slope Parameter

X = $425

X1 = $700

So, First we need to find the slope parameter, in order to calculate the number of trailers to be built.

S = $\frac{log \alpha }{log 2}$

where, α = 0.85 rate of improvement.

Plugging in the values into the formula, we get:

S = $\frac{log (0.85) }{log 2}$

S = -0.234

Now, we can easily find the number of trailers.

X = X1 ( $N^{S}$ )

Plugging in the values,

425 = 700 x ( $N^{-0.234}$ )

Solving For N, we get:

N = 8.4 Trailers

N = 9 Trailers.

Hence, 9 Trailers must be built in order to realize this rate of profit.

8 0

2 years ago