1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alborosie
3 years ago
7

Andrea purchased an auto insurance policy with bodily injury liability limits of 250/500 ($250,000/$500,000). She also purchased

a personal umbrella policy with a $1 million limit and a $500 self-insured retention. Andrea was talking on her cell phone while driving, and her car struck and killed a pedestrian in a crosswalk. The court ordered her to pay $750,000 to the spouse of the person she killed. How will this claim be settled?
Business
1 answer:
Yuki888 [10]3 years ago
8 0

Answer:

Auto insurance policy with Bodily injury liability limits = 250/500

personal umbrella policy with a limit = $1 million

Self-insured retention = $500

Here, total claim = $750,000

Amount paid by the auto insurance policy = $250,000

Remaining = $750,000 - $250,000

                  = $500,000

Remaining claim amount of $500,000 shall be paid by the umbrella policy.

You might be interested in
The rickerts decided to set up an account for their daughter to pay for her college education. the day their daughter was born,
Free_Kalibri [48]
After n years, the deposit made at birth will have a value equal to;

FV1 = C(1+r)^n = 1000(1+0.018)^n = 1000(1.018)^n

After n years, the  yearly deposits made at every birthday will have a value equal to;

FV2 = P{(1+r)^n-1}/r = 750{(1+0.018)^n-1}/0.018 = 41666.67 {(1.018)^n-1} = 41666.67 (1.018)^n -41666.67

Total FV = FV1+FV2 = 1000(1.018)^n+41666.67(1.018)^n-41666.67 = 42666.67 (1.018)^n - 41666.67
7 0
3 years ago
Students who choose to attend a technical school will likely go to work in
Nana76 [90]

Most time, the students who choose to attend a technical school will likely go to work in the trade.

<h3>What is a technical school?</h3>

This refers to the schools are also known as technical colleges or institutes and offer an education that prepares students for a specific trade or career.

Most time, its issues a certification after studying a course that teaches certain education courses based on an occupational skill.

Among the options, the students who choose to attend a technical school will likely go to work in the trade.

Therefore, the Option A is correct.

Read more about technical school

brainly.com/question/25110079

#SPJ1

5 0
2 years ago
Presented below is information for Ivanhoe Co. for the month of January 2022. Cost of goods sold $221,000 Rent expense $33,500 F
zhenek [66]

Answer:

Sales Revenues   392,500

Sales Returns        (20,000)

Freight outs     <u>         (9,700)   </u>

Net Sales              362,800‬

Cost of good sold (221,000)

Gross profit             141,800

Operating Expenses

Rent expense                          (33,500)

nsurance expense                   (14,600)

Salaries and wages expense<u> (63,400)  </u>

Operating Income                    30,300‬

Income tax expense                  (4,300)

Net Income                                26,000

Other comprehensive income    2,000

Comprehensive Income           28,000

Explanation:

the OCI is listed after-taxed thus do not change the total income tax expense

comprehensive income will be the sum of both concepts net income and OCI

3 0
3 years ago
If your tires have less than 30% of tread remaining, your stopping
frozen [14]

Answer:

B

Explanation:

8 0
3 years ago
The election committee that you are chairing finally seems to be getting something done. For a while, you thought nothing would
SVEN [57.7K]

Answer:

The correct answer is (c.) storming, norming

Explanation:

From the statements, it can be seen that the committee members were found to be arguing about supremacy of individual ideas. This stage is known normally as the <em>storming stage</em> of a group of people while the stage of group development is referred to as the <em>norming stage</em>.

Thus the statement should read like this: "The members appear to have worked through the____storming_______stage and entered the__norming_______stage of group development".

8 0
3 years ago
Other questions:
  • If I pick the wrong career, I'll be stuck forever. Myth or not?
    11·2 answers
  • Which financing option has the highest overall costs?
    7·2 answers
  • Are budgets part of the performance measurement system or the performance reward system? a. Part of neither the performance meas
    8·1 answer
  • Beach Runner makes running shoes and they are anticipating the incurrence of the following manufacturing overhead costs during t
    14·1 answer
  • A stability strategy is a grand strategy that involves little or no significant organizational change. For example, Love Forever
    9·1 answer
  • Which is the largest of the four information technology pathways?
    12·2 answers
  • vA $1,000 three-year par-value bond yields an effective annual interest rate of 6%. Coupons are paid on an annual basis at a rat
    12·1 answer
  • How much do u guys hate me?<br> 1, a little <br> 2, a lot <br> or <br> 3, so much!!!!!
    10·1 answer
  • 20 points, 1 question , some reading
    11·1 answer
  • The necessity of marketing and advertising for any business
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!