Answer: coinsurance clause
Explanation:
A coinsurance clause is a provision in the home insurance policy which requires the individual to carry coverage that is worth a certain percentage of the home's value. The failure to meet requirement will reduces the compensation after a loss.
Under the coinsurance clause, the insurance company will reimburses the value of damages to an insured asset for at least 80% of the replacement value of the asset. The reinsurance clause allows an insurer to take the reinsurance based on the original insurance.
The
parties' intent.
An agreement is a legitimately authoritative understanding.
Once an offer has been acknowledged, there is an understanding, yet not really
an agreement. The component that changes over any agreement into a genuine
contract is "expectation to make lawful relations". The courts look
for confirm that the gatherings to the understanding expected that it ought to
be administered by, and subject to, the law of agreement; with the goal that
the agreement offers ascend to lawful outcomes. Each gathering consequently
receives a legitimate commitment, and each may look for a cure in case of
rupture.
The characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation</u><u>.</u>
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<h3>What is a special cause variation?</h3>
In statistics, a special cause variation refers to a shift in output caused by a specific factor like environmental factors, input parameters etc
In conclusion, the characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation
</u>
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Read more about special cause variation
<em>brainly.com/question/17333354</em>
Net worth=total assets-total liabilities
Total assets
325,000+750+15,000+8,000+2,100
=350,850
Total liabilities
245,000+9,000
=254,000
Net worth
350,850−254,000
=96,850
Hope it helps!
Answer:
Explanation:
- The bond was issued under this conditions:
$25,000,000 7.8%
Period Capital Interest
2017.I $25,000.000 $ 975.000
2017.II $25,000.000 $ 975.000
- But the market accept under this conditions.
$24,505,180 8%
Period Capital Interest
2017.I $24,505,181 $ 980,207
2017.II $24,505,181 $ 980,207 $1,960,414
- The company recognized interes by $1,960,414