1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
777dan777 [17]
3 years ago
9

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.

You might be interested in
Brandon, an analyst at Agency A, rents a car at $40 per day. Due to a rental company discount, if a car is rented for 4 or more
4vir4ik [10]

Answer:

62.5%

Explanation:

In this example, Brandon rented the car for 6 consecutive days. This means that he was able to take advantage of the promotion. Therefore, he only paid for five days (got one day free) at a rate of $30 per day (as opposed to $40). Therefore, he paid:

$30 * 5 = 150

On the other hand, Whitney rented a car for three days. She did not qualify for the discount, which means that she paid for all her days, at a rate of $40 per day. Therefore, she paid:

$40 * 3 = 120

To obtain the average daily rate of each person, we would need to divide this final rate by the number of days each person used a car. That would look like this:

Brandon: $150 / 6 = $25

Whitney: $120 / 3 = $40

Therefore, when comparing these two numbers, we see that the average daily rate paid by Brandon is 62.5% percentage of the average daily rate paid by Whitney.

6 0
3 years ago
When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
Titleist, the manufacturer of golf balls, runs a commercial featuring professional golfer John Daly. A group of people watching
mr_godi [17]

Answer: Option C

Explanation: In the given case, the audience of the commercial made by Titleist have the same background and social standing. All the people watching the commercial in the given question were standing in a country club, thus, they all had a certain amount of knowledge and interest in golf and have same societal background to a very good extent.

Thus, from the above we can conclude that option C is the right answer.

8 0
3 years ago
Describe a successful and unsuccessful attempt at job redesign that you have experienced or observed. What factors contributed t
Alex

Answer:

Explanation:

I have personally seen a successful job redesign where the managers rearranged the tasks and responsibilities of the workers but at the same time made sure that the new tasks fit the employee that was assigned those tasks/responsibilities. The managers went through each employee's skillsets and past experience and moved each employee around in the organization in order for each responsibility to have the most efficient employee handling it within the organization. This allowed everything to continue flowing without any problems.

4 0
3 years ago
List three things you can do to improve job satisfaction
andrew-mc [135]

1. Respectful treatment of all employees at all levels

2. Trust between employees and senior management

3. Job security

Hope that helps :)

7 0
4 years ago
Read 2 more answers
Other questions:
  • Which type of checking account pays interest on the mean balance of the bank account during a particular cycle
    13·1 answer
  • In preparing Marjorie Company's statement of cash flows for the most recent year, the following information is available:
    9·1 answer
  • _____________ describes the willingness to invest additional time and resources to achieve a successful outcome as a result of h
    5·1 answer
  • ________ refers to a process of negotiations between workers and managers.
    11·1 answer
  • What is the climate of central america?
    10·1 answer
  • Which of the following statements accurately represents equity theory? equity causes people to doubt their capabilities. equity
    13·2 answers
  • Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labo
    13·1 answer
  • What did the federal reserve act signed by president woodrow wilson in 1913 establish
    11·2 answers
  • Why does Steve Jobs perfectly reflect the downside of a charismatic leader? a. After he left Apple in 1985, employees felt too f
    11·1 answer
  • Say one morning you are considering whether to take UBER or riding the train to work. Both mediums would cost you about $4, but
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!