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Step2247 [10]
3 years ago
14

Independent contractors should purchase __________ liability insurance, which provides protection from liability as a result of

errors and omissions when performing their professional services.
Business
1 answer:
nevsk [136]3 years ago
5 0

Answer:

professional liability insurance

Explanation:

Professional liability insurance protects businesses (an independent contractor is a one person business) against liability resulting from errors and omissions. It covers any harm caused to a customer as a result of professional service or advice. This type of policy generally covers negligence, copyright infringement, personal injury, etc.

Professional liability insurance is generally purchased by businesses that offer the following services:

  1. professional service s
  2. professional advice
  3. contractual services
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How does international employement helps in improving economic conditions of the country​
forsale [732]

Explanation:

Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country.

People who go overseas to work can learn different skills and technologies which can be beneficial for the development of our own country.

7 0
2 years ago
If a limited partnership must liquidate, the distribution of assets is first made to the?
Mumz [18]

Answer:

Explanation:

i think the answer is  third party creditors

3 0
1 year ago
If the family decides to reduce its clothing budget by $200 a month, how much will the new clothing budget be? Round to the near
STALIN [3.7K]

Answer:

$970

Explanation:

6 0
2 years ago
The current assets of Sheridan Company are $292400. The current liabilities are $116960. The current ratio expressed as a propor
Varvara68 [4.7K]

The current ratio expressed as a proportion is 2.5

Explanation:

Given :

The current assets = $292400

The current liabilities are $116960.

To find :

The current ratio

Solution :

Current Ratio =

\sf{\dfrac{Current \: Assets }{Current \: Liabilities}}

\sf{\implies{\dfrac{292400}{116960}}}

\implies 2.5

Therefore, The current ratio expressed as a proportion is 2.5

4 0
3 years ago
Comparative financial statements for Heritage Antiquing Services for the fiscal year ending December 31 appear on the following
SVETLANKA909090 [29]

Answer and Explanation:

The computation is shown below:

1. Times interest earned ratio is

= Earning before interest and taxes ÷ Interest expense

= $19,200 ÷ $940

= 20.4

2. And, the Debt to equity ratio is

= Total Liability ÷ Total stockholder's equity  

= $30,180 ÷ $55,872  

= 0.54

We simply applied the above formulas so that the  financial ratios for long-term creditors could come

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3 years ago
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