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Ksivusya [100]
3 years ago
10

Which term describes the restoration of the insured person to the financial position he or she was in before the loss occurred?.

. . A.. insurance. B.. indemnity. C.. face value.
Business
2 answers:
user100 [1]3 years ago
7 0

Answer:

B.

Explanation:

Ksivusya [100]3 years ago
4 0
The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
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4. Labour Institutions Act(10MKS)
lord [1]

Answer:

  • Reduce discrimination.
  • Reduce exploitation.
  • Reduce inequality/ poverty.
  • Increase productivity.
  • Economic growth.

Explanation:

It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.

Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.

Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.

Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.

With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.

4 0
3 years ago
Ruby is considering a college degree. She learned that the total costs (including the tuition, fees, and forgone wages) of a col
Yanka [14]

Answer: Increase of 3.2%

Explanation:

Return on Investment (ROI) is the return that Ruby would make over her college degree fees.

It is the internal rate of return that would equate her future earnings to the investment in college fees.

Change in ROI = 11.18% - 7.98

= 3.2%

Increase of 3.2%

6 0
3 years ago
A service was performed for a client with payment due in 30 days what accounts are affected
marshall27 [118]

Answer:

b) debit accounts receivable, credit capital

Explanation:

Performing service is part of normal business activities. It generates revenue for the business.

Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.

The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.

3 0
2 years ago
hudson corporation will pay a dividend of $2.80 per share next year. the company pledges to increase its dividend by 7.40 percen
trapecia [35]

Option d. $35.00 is the share price that one should pay for the stock today to get the required return

The share price, or the price you will pay for the company's stock right now, can be calculated using the necessary rate of return calculation, the formula is as follows:

RRR=(EDP/SP)+DGW

where;

RRR=required rate of return

EDP=expected dividend payment from share

SP=share price

DGW=dividend growth rate

In our case:

RRR=15.40%=15.4/100=0.154

EDP=$2.80

SP=unknown

DGW=7.40%=7.40/100=0.074

Substituting the values in the formula we get the following:

0.154=(2.80/SP)+0.074

(0.154-0.074)=(2.80/SP)

0.08=2.80/SP

SP=2.80/0.08

So, the share price of the stock=$35

Learn more about dividends:

brainly.com/question/28044310

#SPJ4

3 0
1 year ago
What are four things a great resume shows employers
Crazy boy [7]

Education, work experience, skills and career objectives.

A resume needs to be a concise, logical and easy to read document that makes an employer want to hire you. Great resumes show potential employers your skills, your career objective, your education and your work or volunteer experience.

5 0
3 years ago
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