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Aleksandr [31]
3 years ago
10

A ____________ agreement is a reinsurance agreement that allows the reinsurance company an opportunity to reject coverage for in

dividual risks, or price them higher due to their substandard (higher risk) nature.
Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer:

Facultative

Explanation:

Facultative reinsurance is a type of coverage which covers a single risk or a block of risks held in the book of business of the insurer who has purchased the cover.

It allows the company which reinsurance to review individual risks which helps in determining whether to accept or reject them

The Facultative reinsurance is more focused in nature.

You might be interested in
The study of how people choose to use scarce resources to satisfy their wants and needs​
NeTakaya

Answer:

Economics

Explanation:

Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.

Economics is categorized in microeconomics and macroeconomics.  Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product.  Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP

5 0
3 years ago
In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11
lara31 [8.8K]

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

=  Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

8 0
3 years ago
Cart Vader is a new business venture aimed toward selling golf carts to be used as neighborhood recreational vehicles. The new C
storchak [24]

Answer:

d. perfect price discrimination.

Explanation:

According to my research on different pricing strategies, I can say that based on the information provided within the question the business owner is attempting to practice perfect price discrimination. This term refers to when a company charges different prices for each sale of the same product, usually charging the highest possible price and allowing room for negotiations. Which is exactly what Cart Vader is doing with it's golf carts.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Charles Clinton Spaulding, one of the pioneering theorists of administrative management, proposed eight _____ of management base
nikitadnepr [17]

Answer:

B, Necessities

Explanation:

Administrative management can be defined as the process of managing information between people in an organization.

One of the pioneering theorists of administrative management was Charles Clinton Spaulding. He was an African-American business leader as well as the  head of an insurance company, Mutual life insurance company, the largest black business in the USA at the time.

He postulated 8 necessities of administrative management and they are

1. Cooperation and teamwork

2. Authority and responsibility

3. Division of labor

4. Adequate manpower

5. Adequate capital

6. Feasibility studies/analysis

7. Advertising budget

8. Conflict resolution

Cheers.

4 0
2 years ago
What does the investment component of GDP measure?
Allisa [31]

Answer:

b. spending on goods to be used in future production

Explanation:

There are basically four components of Gross domestic product (GDP) which are as follows

GDP = Consumption spending + investment + government spending + net exports

where,  

Net exports would equal to

= Export-import

Here, investment means the investment is done on goods which increase in productivity for the future period so that overall output could be increased

8 0
3 years ago
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