Professional sales skills

Match each type of insurance with an example of when the insurance

Simora [160]

Answer:

See below

Explanation:

Renter's insurance

Your stereo and computer are stolen from your apartment. Renters insurance is designed to offer protection against loss or damages to properties belonging to renters living in apartments or standalone units.

Liability coverage

You cause an accident that damages someone else's car. Provide financial protection against medical or damages claims against the policyholder if found at fault in an accident.

Health insurance

You go to the emergency room after a car accident. Take care of medical and other hospital-related expenses should the policyholder or their dependents require medical attention.

Disability Insurance

You have to take a month off from work because of a broken leg. Provide financial compensation against loss of income due to serious bodily injuries to the policyholder.

8 0

3 years ago

Which of the following makes it more difficult for an incumbent to successfully engage in limit pricing? Multiple Choice Complet

kirill115 [55]

Answer:

Complete information

Explanation:

A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.

In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.

7 0

3 years ago

During January, Luxury Cruise Lines incurs employee salaries of $1.2 million. Withholdings in January are $91,800 for the employ

Zarrin [17]

Answer: Please see below for answer

Explanation:

Journal for employee salary and withholdings

Particulars Debit Credit

Salaries Expense $1, 200,000

FICA tax Payable $91,800

Federal Income Tax Withholding Payable $180,000

State Income Tax Withholding Payable $75,000

Health Insurance Payable $12,000

Salaries Payable $841,200

Journal to record employer provided fringe benefits for January

Particulars Debit Credit

Salaries expense(fringe benefits)$ 36,000

Accounts payable to blue cross shield $36,000

Journal to record employer payroll taxes

Particulars Debit Credit

Payroll Tax Expense $166, 200

FICA tax Payable $91,800

unemployment tax payable $74,400

6 0

3 years ago

The collection of feelings and beliefs that managers have about their organization as a whole is known as organizational:

egoroff_w [7]

The collection of feelings and beliefs that managers have about their organization as a whole is known as organizational: organizational commitment
An organizational commitment is determined by the company's culture and how employees experience that culture while committing the time of their lives for the company.

3 0

4 years ago

What differences and similarities exist between monopolistic competitive firms and perfect competitive firms?

astraxan [27]

Answer:

In perfect competition, the product offered is standardized whereas in monopolistic competition product differentiation is there. In monopolistic competition, every firm offers products at its own price. ... Entry and Exit are comparatively easy in perfect competition than in monopolistic competition.

Explanation:

(hope this helps)

4 0

3 years ago