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dlinn [17]
3 years ago
6

Evan McWilliams was involved in a two-car accident with Francis Sullivan. It was Evan's fault and Francis was seriously injured

and had to spend the night in the hospital. What part of Evan's automobile insurance policy would cover Francis's injuries
Business
1 answer:
Furkat [3]3 years ago
6 0

Answer:

Bodily Injury Liability

Explanation:

Since the accident that left Francis seriously injured was Evan's fault, the automobile Insurance policy that will cover the cost of Francis's treatment would be Bodily Injury Insurance Policy.

When a user of this Insurance policy cause a car accident that injures another person, bodily injury liability coverage helps pay for the medical expenses of the person or persons injured.

One should carry a bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.

This goes to define Bodily injury liability as a car insurance coverage that pays for injuries a driver causes to other people, including other drivers, passengers and pedestrians. This policy covers or takes care of medical expenses and lost wages as well as legal and funeral expenses in some cases of the injured persons.

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Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation
katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate        $300,000

less: adjusted basis value                       ($260,000)

Gain recognized                                        $40,000

3 0
3 years ago
Read 2 more answers
On April 15, 2012, Andy purchased some furniture and fixtures (7-year property) for $10,000 to be used in his business. He did n
jenyasd209 [6]

Answer:

$874.50

Explanation:

Calculation to determine the cost recovery deduction for 2020

2020 cost recovery deduction = $10,000 × 17.49% × ½

2020 cost recovery deduction = $874.50

Therefore the cost recovery deduction for 2020 is $874.50

8 0
3 years ago
A company has a $4,000, 270-day, 6%, note payable recorded on its books which was dated July 2, 2013. The interest expense is pa
tensa zangetsu [6.8K]

Answer:

Interest expense accured = $121.33 (

Explanation:

The exact number of days from July 2 through December 31, 2013 is 182 days.

The accrued interest  (182/360) x $4,000 x 6% = $121.33

5 0
3 years ago
Playwrights that have been quoted as serving as the initial director of their work are
Scorpion4ik [409]
Among the novelists, these are the those that served the initial director of their work: Samuel B<span>eckett, Bertolt Brecht, David Mamet, </span><span>George Bernard </span><span>Shaw</span>, Sam Shepard and the most famous novelist, William Shakespeare. After Shakespeare's time, playwrights are already considered as independent artists.
6 0
3 years ago
_______ is a type of a multinational corporation that centralizes its management and other decisions in the home country.
liq [111]

Answer: Global Company

Explanation:

<u>A Global Company</u> is a type of multinational corporation that centralizes its management and other decisions in the home country.

None of these answers are correct. However, I will assume you accidentally wrote "global economy" instead of "global company" because global company is actually the answer.

7 0
2 years ago
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