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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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Which of the following activities is an example of gathering data by observation?
s344n2d4d5 [400]
From the given options, the activity which exemplifies gathering data by observation is option D: Measuring how many parts workers assemble in an hour. This is the best answer as it uses senses to observe people in naturally occurring situation — according to the definition of observation as a data collection method.
5 0
3 years ago
Read 2 more answers
The beta of Stock A is –0.4 (indicating that its returns rise when returns on most other stocks fall). If the risk-free rate is
Marianna [84]

Answer:

=2.98%

Explanation:

Use CAPM to find the required return of the stock;

CAPM: r = risk free + beta(market return - risk free)

risk free = 4.5% or 0.045 as a decimal

beta = -0.4

market return = 8.3% or 0.083 as a decimal

Next, plug in the numbers into the CAPM formula;

r = 0.045 -0.4(0.083 - 0.045)

r = 0.045 -0.0152

r = 0.0298 or 2.98%

Therefore the required return is 2.98%

4 0
3 years ago
Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply a
Fiesta28 [93]

Answer:

If a shortage exists in the cantaloupe market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices.

Explanation:

As there is shortage in cantaloupe market ( Supply curve shifts to the left), there are not enough cantaloupe to sell to buyers.

So, buyers will compete for lower supply amount of cantaloupe by willing to pay higher price.

With the existence of supply shortage and buyers is willing to pay higher price, the equilibrium price will goes up, thus it will be higher than the current price.

5 0
3 years ago
If a payment is directly deducted from your account, which type of card are you using?
larisa [96]
Debit Card im pretty sure
5 0
3 years ago
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During the business model design process the entrepreneur should spend zero time focusing on the uncertainties and external risk
ad-work [718]

Answer:

The correct answer is false

Explanation:

The business model design process  consists of five phases; mobilize, understand, design, implement, and manage.

7 0
3 years ago
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