Prox Inc. is a U.S.-based manufacturer of consumer electronics. It decides to export to Mexico and wants to protect its goods against damage, loss, and pilferage. The document which is applicable here is an A. <u>insurance certificate.</u>
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Explanation:
- A certificate of insurance is a document used to provide information on specific insurance coverage.
- The certificate provides verification of the insurance and usually contains information on types and limits of coverage, insurance company, policy number, named insured, and the policies' effective periods
- Certificate of Insurance is a summary document usually issued by an agent on behalf of an insurer that says a policy has been issued to an insured for a general type of risk.
- The Certificate is usually issued to a third party who wants some evidence or assurance that a policy has been issued.
- A certificate of insurance is requested when liability and large losses are a concern.
- Most commercial leases require the tenant to provide certificates of insurance or other evidence of insurance. Certificates of insurance are typically issued by an agent or broker for the named insured and set forth the coverages written for the insured
It’s a I promise I did the test!!
Answer:
C
Explanation:
So what we can infer is that Natalle is really lazy when looking for a job. Now, we can also infer that her friends and her parents push her to get a job, but she will not go, which is why she rarely goes to interviews for one. When she does, however, just as mentioned here, she showed up half an hour late. So, I am not saying that she should blame her friends for herself being late, but out of all of the choices, this seems the most logical for the following reasons:
A- Her Friends Have Jobs (Wrong)
B- Person-blame happens ALL of the time, not rarely. (Wrong)
C- The only logical answer (still not ok to blame people) (Correct)
D-There is plenty of info. (Wrong)
Answer:
B. market capitalism
Explanation:
In Market Capitalism Model business operates in a market environment. Business responds to economic forces protected from direct impact of social and political forces. Business is also protected from the direct impact of non economic forces such as sociopolitical forces, but mainly focuses on the primary economic forces.
Answer:
Note = $5,000
Interest rate = 6%
Time period = 120 days
The journal entry is as follows:
On July 12,
Account receivable A/c Dr. $5,100
To Notes receivable $5,000
To Interest revenue $100
(To record note dishonor)
Workings:
Interest revenue = $5,000 × 0.06 × (120÷360)
= $100
