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NemiM [27]
3 years ago
8

Pamela was injured in an auto accident by an uninsured driver. Pamela filed a claim with her insurer, American Mutual, for $2,00

0 under her "uninsured motorist" coverage. American Mutual told her that if she sought that money, her premiums would go "sky high," so Pamela dropped the claim. Later, after speaking with an attorney, Pamela sued. What claim was her attorney likely to make?
Business
1 answer:
andreyandreev [35.5K]3 years ago
7 0

<u>Answer: </u>Option a claim of punitive damages

<u>Explanation:</u>

In this case Pamela was the person who was affected due to the damages caused by the accident. The driver is uninsured and the claim was also failed accordingly. When there is no insurance the punitive damages can be claimed for compensation.

Punitive damages are calculated based on the actual damages that has taken place. The driver has to pay for the damages to the Pamela. If Pamela had to approach American mutual she has to pay high premium for the claim.

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Once production is completed in all processing departments, production costs are transferred to ______.
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The answers is finished goods
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2 years ago
An appliance repair shop buys and uses about 4,212 fan motors annually. Holding cost is 27 dollars per motor per year, and order
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Answer:

15,251 units

Explanation:

The formula for Economic order quantity is;

EOQ = √2DS/H

Where,

D = Annual demand = 4,212

S = Ordering cost = $177

H = Holding cost = $27/4,212 = $0.00064102564

EOQ = √ 2 × 4,212 × $177 / $0.00064102564

EOQ = √ $1,491,048 / $0.00064102564

EOQ = √232603488.37

EOQ = 15,251 units

4 0
3 years ago
In the mainstream view, one major source of instability in the macro economy is the volatility of:__________
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Review the transactions listed below for thyme advertising company, and classify each transaction as either an operating activit
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Answers:


1.       Financing Activity


2.       Operating Activity


3.       Operating Activity


4.       Non Cash Activity


5.       Financing Activity


6.       Non Cash Activity


7.       Operating Activity


8.       Investing Activity


9.       Non Cash Activity


What to remember:


Operating activities are the kinds of activities the company accomplishes to generate profits. This includes cash out flows and inflows.


Investing activities contain the purchase or sale of long-lived assets used in operating the business, or the purchase or sale of investment securities (stocks and bonds of companies other than Thyme).


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3 years ago
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