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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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<span>These two examples relieving stress from work.  We all need some space especially after a hard day at the office.  The time we take for ourselves help us relieve ourselves of stress or any other thing that would cause us anxiety.  Sorting and categorizing problems help us prioritize what to do first so as to stay for focus on doing our jobs.</span>
7 0
2 years ago
Read 2 more answers
Darcy Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
Verdich [7]

Answer:

Effect on income= $15,000 favorable

Explanation:

Giving the following information:

It has just determined that another $40,000 of repair work is required. Alternatively, it has found a newer used lift that is for sale for $170,000. The company estimates that both lifts would have useful lives of 6 years. The new lift is more efficient and thus would reduce operating expenses by about $20,000 per year. Darcy Roofing could also rent out the new lift for about $10,000 per year. The old lift is not suitable for rental. The old lift could currently be sold for $25,000 if the new lift is purchased.

Year 0= -170,000 + 25,000 + 40,000= -105,000

Year 1 trough 6= 20,000*6= 120,000

Effect on income= $15,000 favorable

3 0
3 years ago
On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,700,000 for $5,000,000. Rigsby appropriately uses the i
xxTIMURxx [149]

Answer:

$127,400

Explanation:

Gross profit ratio = [(sale - cost) ÷ sale price] × 100

                           = [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100

                          = 0.26 × 100

                          = 26%.

Gross profit on down payment is recognized in 2019:

= Down payment × Gross profit ratio

= $490,000 × 26%

= $127,400

5 0
2 years ago
Wilma, who lives in New York, enters into a contract to buy a painting from Fred, who lives in France. The contract includes all
Shtirlitz [24]

Answer:

A court will most likely;

1. Allows the parties to rescind the contract.

Explanation:

The contract includes all the costs of insuring and shipping the painting from France to New York.

Since, the agent that made the shipping estimate makes a mistake when adding up the costs and, as a result, the shipping cost listed in the contract is $1,000 less than the actual shipping costs. A court will most likely allow the parties to rescind the contract because a part of the contract agreement has been breached in error.

7 0
3 years ago
Read 2 more answers
Consider the market for economics textbooks. Explain whether the following events would cause an increase or a decrease in suppl
shtirl [24]

Answer:

a. The market price of editorial services increases. This will cause​ a(n)

C. decrease in supply.

Explanation:

The event that triggers the market price of editorial services to increase will also increase the quantity of editorial services offered, and increase the cost of economics textbooks.  As a result, it decreases the quantity supplied.  The producers or publishers of economics textbook may not be able to pass the increased cost to consumers.  They may not even have the resources to publish more books with an increased cost of editorial services.  It is only the editors who offer editorial services that will benefit from the market price increase, but only in the short-run.

4 0
3 years ago
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