Answer: indemnity
Explanation: Indemnity is a legal obligation by one side (indemnifier) to make up for the loss to the other side (indemnity holder) as a consequence of the actions of the indemnifier or another person.
Generally, but not always, the requirement to indemnify is synonymous with the contractual obligation to "keep harmless" or "protect harmless."
Indemnities lay the foundation of several insurance policies; for example, various types of insurance might be obtained by a vehicle owner as compensation for various types of injury resulting from car services, such as damage to the vehicle itself, or medical costs due to an accident.
Answer:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
Explanation:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
Answer and Explanation:
The computation is shown below:
The amount that should be distributed to the preferred stockholder would be equivalent to the aggregate par value of the preferred stock i.e. $1.8 million and the remaining value would be distributed to the common stockholders i.e.
= $2 million - $1.8 million
= $0.2 million
Hence, the same would be considered
Explanation:
Public relations are the relations a company make with the public. Such events include the direct contact of the company with the public. Whereas Sales Promotions are the events that are held by a company to promote their sales. Sales promotions and Public relations Events are often held by the companies to remain in spotlight.
In this question the given events are asked to classify as either Public Relations or Sales Promotions. So they are classified as follows:
Contests Public Relations
Product Samples Sales Promotions
Charity Events Public Relations
Giveaways Sales Promotions
Answer:
The correct answer is C)
Money Market Funds
Explanation:
Money Market Funds is not a Savings Account.
Any mutual fund that invests in short-term debt instruments, cash, and cash equivalents such as Treasury Bill and Commercial Paper which is high in quality may be refered to as a money market fund. So it is essentially an investment not a savings account.
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