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Bad White [126]
3 years ago
5

Difference between compulsory and non-compulsory insurance

Business
1 answer:
leva [86]3 years ago
7 0
Compulsory insurance is a type of insurance that is required by law before you can engage in specific activities. This kind of insurance is meant to protect you from harm in some way, an example would be the legal requirement to have auto insurance to drive a car or having health insurance in the United States.

Non compulsory insurance is pretty much everything that you are not required to have, insurance such as travel insurance, life insurance, phone insurance, etc. Although it is a good idea to get these, they are not required.

Non compulsory basically means voluntary while compulsory means required.
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someone who wants the credentials of skilled training but in less time than a four year degree should consider​
Rufina [12.5K]
A trade school. Vocational training.
4 0
2 years ago
Firms send information about their products or services directly to a set of targeted consumers as part of viral marketing. this
Lilit [14]

Firms send information about their products or services directly to a set of targeted consumers as part of viral marketing. this process is called Direct marketing.

Direct marketing is a form of advertising dedicated to individuals or companies for the purpose of generating new business, promoting an organization or product, or selling. Direct mail, telemarketing, and email marketing are common types of direct marketing.

Direct marketing is a form of sales communication in which an organization engages directly with pre-selected customers and provides a direct response method. Among medical practitioners, it is also called direct response marketing. Advertisements, on the other hand, have mass message characteristics.

Learn more about Direct marketing here: brainly.com/question/2632159

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3 0
1 year ago
Machinery was purchased for $340,000 on January 1, 2017. Freight charges amounted to $14,000 and there was a cost of $40,000 for
creativ13 [48]

Answer:

$133,600

Explanation:

Straight line depreciation expense = (cost of asset - salvage value) / number of year

Cost of asset = $340,000 + $14,000 + $40,000 = $394,000

($394,000 - $60,000) / 5 = $66,800

The amount of accumulated depreciation at December 31, 2018 =  $66,800 x 2 = $133,600

4 0
2 years ago
Truman applies for a job at Skylight Canopy Corporation for which he is well qualified, but for which he is rejected. Skylight c
Blizzard [7]

Answer:

The correct answer is:  a protected class.

Explanation:

A protected class is a group of people legally protected from employment discrimination who share similar characteristics such as <em>religion, race, gender, age </em>or<em> disability</em>. The United States Department of Justice is the agency in charge of enforcing this type of anti-discriminatory law.

4 0
3 years ago
Historically, the ________ risk an investor is willing to accept, the ________ the potential return for the investment.
iVinArrow [24]

Answer:

The correct option is (A)  more, greater

Explanation:

According to the risk return trade off, the risk is increased with the return that means if the returns are increased the risk is also increased and vice versa

So as per the given scenario, if there is more risk that investor wants to accept so the return should be more for the investment. This represents the direct relationship between the risk and return of the investment

hence, the correct option is (A)  more, greater

3 0
3 years ago
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