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myrzilka [38]
3 years ago
13

QUESTION 1 A factor that increases the likelihood of a loss is known as a _______ . 1. Premium 2. Peril 3. Hazard 4. Risk 1 poin

ts QUESTION 2 When we take steps to reduce the occurrence or severity of a risk we are practicing 1. risk avoidance. 2. risk reduction. 3. risk assumption. 4. risk shifting. 1 points QUESTION 3 A situation in which a person is held responsible for the actions of another person is 1. negligence. 2. property damage liability. 3. vicarious liability. 4. comprehensive coverage. 1 points QUESTION 4 A higher deductible amount will reduce the amount paid for collision and comprehensive physical damage insurance. True False 1 points QUESTION 5 Renters property insurance would include coverage for
Business
1 answer:
Paladinen [302]3 years ago
8 0

A factor that increases the likelihood of a loss is known as a 3.<u>hazard</u>

When we take steps to reduce the occurrence or severity of a risk we are practicing<u> 2. Risk Reduction</u>

A situation in which a person is held responsible for the actions of another person is <u>3. Vicarious liability</u>

A higher deductible amount will reduce the amount paid for collision and comprehensive physical damage insurance. <u>TRUE</u>

<u />

Explanation :

  • A hazard is any factor that increases the chance of loss. A hazard is an agent which has the potential to cause harm to a vulnerable target. Hazards can be both natural or human induced. Sometimes natural hazards such as floods and drought can be caused by human activity.
  • Risk Reduction is a measures to reduce the frequency or severity of losses, also known as loss control. May include engineering, fire protection, safety inspections, or claims management.
  • Vicarious liability, also known by the Latin term respondeat superior is the holding of a person or entity responsible for damages or harm caused by someone else. The legal principle of vicarious liability applies to hold one person liable for the actions of another when engaged in some form of joint or collective activity.
  • A deductible is the amount you pay for health care services each year before your health insurance begins to pay. The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.

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A store has a 6% restocking fee. If you join the store’s membership program, all items over $100 will have a flat rate restockin
Dvinal [7]

Saving means the amount of income that is not spent on a particular product.

The member of the store will save $5 if they return an item costing $240.

<h3>What is saving?</h3>

Saving is defined as the part of income not spent, or delayed consumption. Methods of saving, consider putting money set aside.

<u>Example:</u>

A deposit account, a pension account, an investment fund, or cash. Saving also refers to separating down expenditures, like recurring costs.

In the above situation, it is clearly mentioned that if any member would return the item which costs above $100, then he would save $5. So here the item which the member is returning is above $100 then, the member would save $5.

He would pay only $235 ($240-$5).

Therefore, the member will save $5, on returning the item.

To learn more about saving, refer to:

brainly.com/question/7965246

8 0
2 years ago
When you are in a conflict with another person, it is important to remember:
Galina-37 [17]
C. that you also helped create the conflict
6 0
3 years ago
Especially in terms of retail properties, which of the following attributes is considered the most likely to result in drastic v
weqwewe [10]

Answer:

C. Location attributes

Explanation:

According to my research on property value attributes, I can say that based on the information provided within the question the attribute that can drastically change a properties value is the Location Attribute. This is because Real Estate value depends mostly on it's location. For Example, if a house is in a good neighborhood it can be worth a lot more than a house in another location, but if that same neighborhood then becomes a drug trafficking/gang hotspot the price of that house drops drastically because no one wants to purchase it.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
What is say's law in economics
Radda [10]

Answer:

Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.

6 0
3 years ago
You were asked to estimate the cost of capital for XYZ Inc. The firm is expected to have a target capital structure of 30% debt,
kap26 [50]

Answer:

8.30%

Explanation:

The weighted average cost of capital of the company is  computed using the WACC formula below:

WACC=(We*Ke)+(Wp*Kp)+(Wd*kd)

We=weight of common equity=50%

Ke=cost of retained earnings which is a proxy for the cost of equity=11.50%

Wp=weight of preferred stock=20%

Kp=cost of preferred stock=6.00%

Wd=weight of debt=30%

Kd=after-tax cost of debt=4.50%

WACC=(50%*11.50%)+(20%*6.00%)+(30%*4.50%)

WACC=8.30%

3 0
3 years ago
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