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n200080 [17]
3 years ago
6

All of the following are considered to be typical characteristics describing the nature of an insurance contract EXCEPT

Business
1 answer:
slavikrds [6]3 years ago
3 0

Answer:

Bilateral

Explanation:

According to my research on the different terms used when referencing an insurance contract, I can say that all of the answers provided except for Bilateral are considered typical characteristics describing the nature of an insurance contract. A bilateral contract is defined as an agreements between two parties in which each side agrees to fulfill his or her side of the bargain.

Since an insurance contract is a fund that the insurance company pays in the case of an accident in which the person is injured, there is only one party that agrees to fulfill their side of the bargain and that is the insurance company.

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

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Suppose a factory emits pollution into the air during its production process. The demand​ (D) for its output​ (Q) is p​= 2400- Q
anastassius [24]

Answer:

240

Explanation:

The computation of the optimal fee per unit of output is as follows:

As we know that

Marginal cost = Price

MC = P

1Q = 2,400 - Q

1Q + Q = 2,400

2Q = 2,400

Q = 2,400 ÷ 2

= 1,200

MC = 0.8Q

= 0.8 (1,200)

= 960

Now the optimal fee per unit of output is

= 1,200 - 960

= 240

4 0
3 years ago
If you spend 8.50 for lunch on Monday 3.95 on Tuesday and 11.15 on Friday how much have you spent for lunch this week
ELEN [110]
You just add up all the numbers and you get the answer which is 23.60
5 0
3 years ago
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Many firms in the United States file for bankruptcy every year, yet they still continue operating. Why would they do this instea
vladimir1956 [14]

Answer:

see below

Explanation:

A firm may either opt to shutdown or declare bankruptcy if its making losses.  A shutdown will involve ceasing operations and disposing of assets to pay creditors. Declaring bankruptcy shields the business from debt obligations or seizing of assets by its creditors.

Many businesses opt to declare bankruptcy because shutting down is costly. Except for properties, other assets are likely to be liquidated at costs below their book value. With the burden of debts shelved for some time, a business has a chance of bouncing back to profitability. A loss-making firm whose price is above the average variable cost should continue operating.

3 0
3 years ago
Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
mart [117]
<span>Because the federal reserve would want to discourage quick investments or want people to save more money right now. Long term rates would go down because these are well thought out infrastructure projects that are good for the long run.</span>
3 0
3 years ago
When footwear has greater traction, what does this mean?
timofeeve [1]

Answer:

B

Explanation:

Think of the football cleats on the field.  They have better grip which is why they don't slip as often as someone on a basketball court would.

8 0
3 years ago
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