Answer:Africa, but also in Asia and the Middle East
Explanation:
Restoring an insured to the same condition as before a loss is an example of the principle of Indemnity. The principle of indemnity makes sure that the insurance contract protects and compensates you for any loss, damage or injury. The objective of an insurance contract is to make you "whole" in case of a loss, not to allow you to make a profit. Thus, the amount of your compensation for damages is directly related to the amount of damages you actually suffered.
The principle of indemnity states that an insurance policy will not provide compensation to the policyholder in excess of their financial loss. This limits the benefit to an amount that is sufficient to recover the policyholder to the same financial position they were in before the loss.
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Answer: OC. A factory worker takes out a high-interest loan to buy a new home.
Explanation:
This situation is most suitable for the employer but also the banking sector. If a worker takes such a loan, he will be forced to continue working to repay that loan. The bank will profit primarily because of the interest it has taken. It will also benefit the employer for several years to have workers who will nonetheless be loyal to the company, given that legal sanctions for non-refund of interest follow.
the Executive Order 11246, It forbids federal contractors, as well as building firms that receive financial assistance from the government.
<h3>What is the contractor's purpose?</h3>
General contractors, in brief, plan and carry out the construction of bigger residential projects. This individual, group, or company enters into the main agreement with the property owner and is in charge of managing the project.
<h3>What are the benefits of using contractors?</h3>
Contract postings can present the chance to earn more money than you would on a regular basis. You can take on as many assignments as you can handle through contract work or freelancing, and you can set your own rates by the hour or the project.
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