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
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.
You might be interested in
What is lump sum payment?
vladimir2022 [97]
One single payment of money, opposed to a an annuity. (a series of payments made over time)
8 0
3 years ago
What is one major measure of economic growth?
Olegator [25]

Answer:

yo mama

Explanation:

<h2>yo mama's so ugly, she made a blind kid cry.</h2>
4 0
2 years ago
Major retail firms such as Walmart have used data mining to customize the product offerings for each store.
Gwar [14]
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
3 0
3 years ago
Read 2 more answers
John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If
ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

  • However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

Read more about this here

<em>brainly.com/question/7508525</em>

6 0
2 years ago
Q 6.3: Hanson Technology is a computer manufacturer. For years, Hanson has relied on the JIT inventory method. However, due to n
Taya2010 [7]

Answer:

The answer is: Their inventory levels will increase

Explanation:

When companies use the Just in Time (JIT) they reduce their ordinary inventory to a minimum level, without any safety stock and that help them lower costs and improve their efficiency.

Since Hanson is changing from the JIT inventory system to a more traditional inventory system, their inventory levels should increase to include certain safety stock levels.

6 0
3 years ago
Other questions:
  • After a deduction for dental insurance was taken out, mike's annual net income went from $65,150 to $65,000. if mike pays 25% of
    14·1 answer
  • An increase in the expected price level shifts short-run aggregate supply to the
    14·1 answer
  • Vicky and Lee vacation in Cancun, Mexico, every year. They purchased the right to stay in a beach condo for the first two weeks
    5·1 answer
  • If you are holding a premium bond, you must expect a ________ each year until maturity. If you are holding a discount bond, you
    10·1 answer
  • Beginning with __________, a body of law has grown that requires organizations to provide employees with nonhazardous working co
    5·1 answer
  • MLS Construction LLC asked MD Drilling and Blasting Inc. to do rock drilling and blasting work required for an excavation projec
    11·2 answers
  • A firm's business _______ should include a description of the need the firm will fill, the operations of the business, its compo
    15·1 answer
  • Internal performance measurements focused on the extent to which employees are using a crm system as intended are known as _____
    8·1 answer
  • An employer hiring in a competitve labor market should hire additional labor as lnog as?
    15·1 answer
  • from a customer's perspective, what is defined as a ratio of the bundle of benefits a customer receives from an offering, compar
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!