A type of insurance that protects workers from loss wages after an industrial accident that happened on the job is called worker compensation.
- Workers' compensation insurance offers financial aid and/or medical attention to employees who are hurt on the job or fall ill as a direct result of their work. This insurance is paid for by the employer; the employee is not expected to contribute to the cost of compensation.
- Workers' compensation, sometimes known as workers' comp, is a type of insurance that offers pay replacement and medical benefits to employees hurt while doing their jobs in return for a requirement that they waive their right to sue their employer for carelessness. The compensation bargain is the trade-off between restricted, guaranteed coverage and no other options outside of the worker compensation system.
Thus this is the answer.
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Answer:
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Explanation:
Answer:
$136,000
Explanation:
Purchase price of new boiler = $120,000
Carrying amount of old boiler = $10,000
Fair value of old boiler = $4,000
Installation cost of new boiler = $16,000
The selling cost of old boiler = $4,000
Now,
Capitalized cost of the new boiler
= Purchase price of the new boiler + Installation cost the new boiler
= $120,000 + $16,000
= $136,000
Answer: d)Firms have to pay more to attract inputs, as these inputs have to share the risk.
Explanation: When the market system tries to put restriction on the business risk to owner and other investors , the firms have to give more payment to attract them to market business.
The chances of risk have have to be shared by both the parties so the owners or investors are going to indulge in the business when they gain some benefit e.g.-more payment.
Other options are incorrect because entrepreneurship will not be encouraged through this process. Incomes will not be distributed equally and neither the prudent risk management will be aimed.Thus, the correct option is option(d).
