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3 years ago

Choose the correct statement.

Business

1 answer:

Natasha2012 [34]3 years ago

3 0

Answer:

D.All of the above are correct.

Explanation:

Moral hazard is when people have an incentive to engage in risky behaviours when the person is protected against the consequences of such risky behaviour. Moral hazard can arise in health insurance because once insured, a person has less incentive to adopt a healthy lifestyle.

Adverse selection occurs due to asymmetry of information; when one party in a transaction has more information than the other party. An example of adverse selection In insurance - people who have dangerous jobs are more likely to purchase insurance when compared with people with relatively safer jobs. Adverse selection in health insurance is when healthiest people choose to be uninsured, at least during their younger years and become insured when they are getting older and more sickly.

I hope my answer helps you.

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Nick’s Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses. The games would co

ASHA 777 [7]

Answer:

a. 5 years

b. Yes they will because the payback period is 5 years.

Explanation:

a. Payback period

First calculate the annual cash inflow:

= Net income + Depreciation

= 66,500 + 28,500

= $95,000

The investment cost was $475,000

Payback period = Investment cost / Annual cash inflow

= 475,000 / 95,000

= 5 years

b. The company will purchase the games because they have a payback period of 5 years.

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3 years ago

What is accounting

andre [41]

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.

Explanation:

4 0

3 years ago

Mark has been working at shop-mart for the past 10 years. despite working hard, he is unable to get what he wants or needs done,

Brilliant_brown [7]

Stress because he is getti g the symptoms

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3 years ago

Read 2 more answers

Rhone-Poulenc is an international French company that produces and markets a variety of chemicals and pharmaceuticals. Due to th

fomenos

Answer:

core competency

Explanation:

Core competency -

It refers to as the characteristics of the business or company in order to stand out from rest in the competitive market , is referred to as the core competency .

It consists of innovative skills , resources , technology , manpower , which makes a particular company far more better than rest of the companies .

Hence , from the given scenario of the question ,

The correct answer is core competency .

6 0

3 years ago

At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subjec

Anettt [7]

Nate finds the language of the contract to buy bedroom furniture difficult to understand due to "procedural unconscionability".

<h3>What is procedural unconscionability?</h3>

Unconscionability that results from the contract-making process rather than from a contract's terms that are inherently unfair or unreasonable

Examples of Procedural Unconscionability is-

influencing an underprivileged party who would not have otherwise signed the contract to do so.
minimising important clauses in contracts for the sake of the underdog.
If one side uses threats of violence against the other party, his family, or friends, this is known as coercion.

Therefore, Procedural unconscionability is based on elements that deprive a party of a meaningful choice, such as customer ignorance or a significant amount of unclear fine print.

To know more about elements required in contract-making, here

brainly.com/question/8116487

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2 years ago