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
Nuetrik [128]
3 years ago
11

Sharon lives in a state that has a no-fault automobile insurance law. Under the law, an injured person has the right to sue the

negligent driver only if the bodily injury claim exceeds a dollar or verbal threshold. The no-fault law in Sharon's state is a(n)_____________.
Business
1 answer:
astraxan [27]3 years ago
5 0

Answer:

modified no-fault plan.

Explanation:

Modified no-fault plan -

It refers to the situation , which allows the injured person to sue the other person , in case the amount of damage exceeds some verbal threshold or monetary threshold (according to the states rules ) , is referred to as modified no - fault plan .

In case of lesser loss than the verbal threshold , need to be given to the injured person  .

Hence , from the given scenario of the question ,

The correct answer is modified no - fault plan .

You might be interested in
The most profitable form of business is
aev [14]

Answer:

d

Explanation:

6 0
2 years ago
A company faces two kinds of risk. An example of a firm-specific risk is the risk that a competitor might enter its market and t
denis23 [38]

Answer:

true

FALSE

Explanation:

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.

8 0
3 years ago
During the year, Hamlet Inc. paid $24,000 to have bond certificates printed and engraved, paid $90,000 in legal fees, paid $15,0
Vitek1552 [10]

Answer:

$359,000

Explanation:

Total Bond issue costs  can be calculated by adding all the cost related to the issue of bond.

Bond Certificate printing cost        =    $24,000

Legal fees paid                                =    $90,000

CPA registration                               =    $15,000

Underwriting Commission                =   $230,000

Total Bond issue costs                      =   $359,000

After adding all the cost we reached at 359,000 and its closest to Option A 360,000

4 0
3 years ago
Jonathan is the CEO of a cell phone manufacturing company. At the company's Annual General Meeting, he made an announcement to t
barxatty [35]

Answer: <em>Options (A), (B), (C) and (D) are all correct.</em>

Explanation:

From the given question, we can easily state that Jonathan illustrate a Leader's, Liaison's, Disseminator's and Spokesperson's role.

Here, Jonathon act as a leader and spokesperson of a cell phone manufacturing company. Also, While making announcement about the vacant position he tends to play the role of a disseminator and liaison between the different strata of the organization.  

6 0
3 years ago
On June 30, 2018, Mabry Corporation issued $15 million of its 8% bonds for $13.8 million. The bonds were priced to yield 10%. Th
Ugo [173]

Answer:

Mabry Corporation

Using the effective interest method, the bond discount should be reduced for the 6 months ended December 31, 2018 by:

= d. $90,000

Explanation:

a) Data and Calculations:

Face value of bonds issued = $15 million

Issue price of the bonds =         13.8 million

Bonds discounts =                     $1.2 million

Coupon rate of interest = 8%

Effective interest rate = 10%

Interest payment = semi-annually on December 31 and July 1

December 31, 2018:

Interest payment = $600,000 ($15 million * 4%)

Interest expense = $690,000 ($13.8 million * 5%)

Amortization of discounts = $90,000 ($690,000 - $600,000)

Fair value of bonds = $13.89million ($13.8m + $90,000)

5 0
3 years ago
Other questions:
  • How many more calories would a 240-pound man need to consume than a 170-pound man to maintain a constant weight? How many more c
    15·1 answer
  • When the internet really took off, much of the internet’s operating infrastructure transitioned to be supported by government gr
    15·1 answer
  • Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $64 million as of D
    12·2 answers
  • Explain the difference between a label and a hangtag
    5·1 answer
  • Carol sold her investment property for $450,000 and had $21,000 in closing costs. The property had a beginning basis of $312,000
    8·1 answer
  • Plack Co. purchased 10,000 shares (2o/o ownership) of Ty Corp. on February 14, Year 1. Plack received astock dividend of 2,000 s
    10·1 answer
  • magine that the current owner of the land in the previous exercise was willing to sell the land for $2 million. Assuming this am
    8·1 answer
  • Consider the following information:
    15·1 answer
  • During March, XYZ Inc. transferred $50,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $56,000.
    10·1 answer
  • What business should be undertaken is a part of the planning conducted as part of a single use plan?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!