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3 years ago

What type of consideration does the proposed insured offer to an insurance company?

Business

1 answer:

tigry1 [53]3 years ago

7 0

Answer:

the payment of the insurance premiums

Explanation:

Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.

In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.

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The roles and responsibilities of human resource management have evolved primarily because of changes in the law that rewrote ma

attashe74 [19]

Answer:

a) Organizations' recognition of employees as their ultimate resource.

Explanation:

The evolution of the human resources sector in a company had its main milestone from the moment that companies began to be seen as an organic structure.

The changes in the legislation also influenced the evolution of HR, because according to the fact that employees started to have greater legal protection over their labor rights, HR practices were focused on investment in the development of employees' capacities and well-being, in addition to the selection of professionals with ideal personality profiles to assume a position in the company.

Therefore, currently the human resources of a company is geared towards professional training and support to the demands of the employee, as the current business management focused on human capital guarantees advantages of an organizational climate favorable to innovation, a more motivated and more loyal worker, the which guarantees significant strategic advantages in the market.

4 0

2 years ago

The relatively homogeneous and enduring divisions in a society, which are hierarchically ordered and whose members share similar

Lynna [10]

It should be noted that the relatively homogeneous and enduring divisions in a society, which are hierarchically ordered and whose members share similar values, interests, and behavior constitute a Social classes.

<h3>What is a Social classes?</h3>

Social classes can be regarded as the society's relatively divisions which involves member that share similar values as well as behaviors.

Learn more about Social classes at;

brainly.com/question/1065123

4 0

2 years ago

A major difference between high-assertiveness and low-assertiveness cultures is that people in low-assertiveness cultures tend t

Nataly_w [17]

Answer:

B. False

Explanation:

People with high assertiveness respect themselves because they are very willing to defend their interests. They can freely express their thoughts and feelings. Since they are aware of their rights and others', they always work to resolve conflicts. But cultures with low assertiveness tend to allow others to manipulate them while displaying low self-esteem.

6 0

2 years ago

Read 2 more answers

The probability of low demand is estimated to be 0.20. The after-tax net present value of the benefits from purchasing the two m

kondaur [170]

Answer: a)The decision tree is attached as a document to this question.

b)$140000

Here is the complete question:

. A manager is trying to decide whether to buy one machine or two. If only one is purchased and demand proves to be excessive, the second machine can be purchased later. Some sales will be lost, however, because the lead time for purchasing this type of machine is 6 months. In addition, the cost per machine will be lower if both are purchased at the same time. The probability of low demand is estimated to be 0.20. The after-tax net present value of the benefits from purchasing the two machines together is $90,000 if demand is low and $180,000 if demand is high.

If one machine is purchased and demand is low, the net present value is $120,000. If demand is high, the manager has three options. Doing nothing has a net present value of $120,000; subcontracting, $160,000; and buying the second machines, $140,000.

a. Draw the decision tree for this problem.

b. Use the decision tree to determine how many machines the company should buy initially and give the expected payoff for this alternative.

Explanation:

Concepts and reason

The expected value of perfect information (EVPI)= EPPI - EP

(EPPI) =expected payoff with perfect information

(EP)= maximum expected payoff computed under uncertainty.

Fundamentals

The expected payoff = P₁X₁ + P₂X₂ +....PnXn,

The formula for the expected payoff is, E(X) = ΣxΡ(x)

Suppose you have a set of corresponding probabilities for playing your pure strategies = Pn

where the probabilities must all be greater than or equal to zero and they all sum to one.

b) the values at node 4 = $120000, $140000 and $160000

EV =maximum(node4)

=max($120000, $140000 , $160000)

=$140000

expected payoff at node 4 = $140000

3 0

2 years ago

How does buying a plant asset affect general ledger accounts

Tanzania [10]

Answer:

A plant asset will add to assets and subtract from liabilities.

Explanation:

The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.

I hope I understood the question and that this helps.

7 0

3 years ago