Answer:
each policy will pay $25,000 of the loss
Explanation:
Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.
a CTSO for students taking marketing classes
a club providing hands-on laboratory experience for students taking a science class
an agricultural organization for students in an agricultural school
Answer: Rs. 120,000
Explanation:
At the end of the year, both assets and liabilities had doubled. New asset and liability figures are therefore:
Assets = Rs. 200,000
Liabilities = Rs. 100,000
Net income is part of equity and as there is no equity, net income must be the entire equity.
Assets = Equity + Liabilities
200,000 = Equity + 100,000
Equity = 200,000 - 100,000
= Rs. 100,000
From this Net income, dividends were distributed to the tune of Rs. 20,000. This should be added back to see the full figure.
= 100,000 + 20,000
= Rs. 120,000
Answer:D Expansion
Explanation:
Economics Definition of Expansion is: It is a period of economic growth as measured by a rise in real GDP.
Marketing intermediaries add value and create efficiencies by:
a. providing convenience.
c. reducing the number of exchanges between producers & buyers
d. performing necessary activities such as storage and transportation
<h3>What are
marketing intermediaries?</h3>
Marketing intermediaries can be defined as organizations that are saddled with the responsibility of transporting goods and services from producers (manufacturers) to businesses, and from businesses to consumers (B2C).
This ultimately implies that, marketing intermediaries are able to add value and create efficiencies by providing convenience and performing activities such as transportation and storage.
Read more on marketing intermediaries here: brainly.com/question/17367610
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Complete Question:
Marketing intermediaries add value and create efficiencies by:
a. providing convenience
b. eliminating activities such as transportation & storage
c. reducing the number of exchanges between producers & buyers
d. Performing necessary activities such as storage and transportation
