If you are required to show proof of financial responsibility for the future, for how many years must the proof be kept?

1 answer:

5 0

A person needs to keep proof of financial responsibility for two years. This will protect the person if they are required by a court. Many people must show this if they have had a speeding ticket, DUI, or any other driver related incident. The court will need to have a copy for their records. Always keep your paperwork in a safe place and somewhere you can remember. You can always make a copy and keep it in the cars glove box.

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Name two different methods for evaluating evidence. compare and contrast these two methods.

BARSIC [14]

The two different methods for evaluating evidence are the quantitative method and the qualitative method.

The quantitative method is where it is based on measurements and statistics or analysis of data by gathering with the use of surveys and questionnaires.

The qualitative method is focused on having to show explanations or opinions regarding about the study of which will develop ideas and identify or have insights regarding about the problem.

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2 years ago

No Edges Left Behind Enterprises has book income of $1,200,000 which consist of income tax expense of $380,000, municipal bond i

damaskus [11]

Answer:

$1,645,000

Explanation:

The computation of the taxable income is shown below:

Taxable income is

= Book income + income tax expenses - muncipal bond interest + (50% × meal expenses)

= $1,200,000 + $380,000 - $10,000 + ($150,000 × 50%)

= $1,645,000

We simply recognized only 50% of meal expenses and with the help of above items we calculated the taxable income

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3 years ago

A restaurateur spends $61 on labor and materials to produce 8 meals. by increasing these costs to $78, he can produce 14 meals.

atroni [7]

The best and most correct answer among the choices provided by the question is the second choice. He has to have negative marginal returns. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.

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2 years ago

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Katrina receives an offer to buy a box of candy through the mail each month. The letter says that she will begin receiving candy

Katarina [22]

Answer:D. Does not constitute an acceptance of the offer.

Explanation:A Contract is a binding agreement between two persons with sound mind, contract agreements are contestable in the Courts,but for it to be acceptable as an evidence in the court of law certain prescribed conditions must be met.

Their was no agreement between Katrina and the company candy company, because her consent was not sort by the Company,the company should have sort her consent and if possible get her to sign certain agreement that will prevent Indiscriminate violation of the terms of agreement.

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3 years ago

A foreign currency ___________ is a contract giving the purchaser (the buyer) the right, but not the obligation, to buy or sell

Vera_Pavlovna [14]

Answer:

The correct answer is: Option; premium or option price.

Explanation:

As the name implies, an option refers to the right that is given to a potential buyer of capital goods to exercise currency trading within a specified time and amount. To carry out this process, an in-depth study must be carried out in order to make the best investment decision, for the benefit of both parties.

For its part, the price of the premium or option refers to the amount paid by the buyer in order to exercise the legitimate right over the capital asset. The premium corresponds to the value paid in excess and that represents a higher value for the seller within market estimates.

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3 years ago