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
Mazyrski [523]
2 years ago
5

What is an Umbrella Policy? How does it work?

Business
1 answer:
s2008m [1.1K]2 years ago
3 0

Answer:

An umbrella policy is the type of insurance that is made to additionally secure personal liability and it is necessary to have if the person is responsible for some damage made.

Explanation:

Umbrella policy not only covers the policyholder, but it also covers the members of his family. If you are responsible for the car accident, and your car is covered with the umbrella policy, they will be responsible for covering the medical expenses in case of someone getting hurt.

You might be interested in
Given the following demand and supply equations determine the market equilibrium price and quantity. QD=30-3p. As=10-5p. Where Q
pochemuha

Answer:

Equilibrium price, p = 2.5

Equilibrium Quantity, Q = 22.5

Explanation:

The equation is:

Qd = 30 - 3p

Qs = 10 + 5p

At equilibrium, Quantity demanded equals quantity supplied

Equate Qd = Qs to find equilibrium price

30 - 3p = 10 + 5p

30 - 10 = 5p + 3p

20 = 8p

p = 20/8

P = 2.5

Substitute equilibrium price into Qd and Qs equation to find equilibrium Quantity

Qd = 30 - 3p

= 30 - 3(2.5)

= 30 - 7.5

= 22.5

Qs = 10 + 5p

= 10 + 5(2.5)

= 10 + 12.5

= 22.5

Therefore,

Equilibrium price, p = 2.5

Equilibrium Quantity, Q = 22.5

4 0
2 years ago
Green Cleaners Inc., a U.S.-based company that specializes in environmentally-friendly cleaning supplies, has production facilit
Anettt [7]

Answer: MULTINATIONAL

Explanation: MULTINATIONAL ENTERPRISE is any Enterprise that has its presence and does business in two or more countries. The presence can be in the form of Production facilities, Marketing facilities,joint ventures or even Franchise etc

Companies like Green Cleaners Inc., a U.S. company which has expanded to Spain and Poland are multinationals. Multinational organizations or enterprises have huge capital base through which they are able to acquire properties abroad.

3 0
3 years ago
Because it quickly reveals a candidate's education and experience record, most recruiters favor a(n) a. online resume b. chronol
Naya [18.7K]

Answer:

b. chronological resume

Explanation:

A chronological resume is a resume in which it displays your work experience from latest to oldest job. Here you display your recent experience and achievements to the oldest so that it quickly reveals by the interviewer.

Hence, the correct option is b.

And all the other options are wrong

hence the same is to be considered

8 0
2 years ago
Tony works at an auto assembly plant for a U.S. auto manufacturer. He manages a group of employees who measure the quality of pa
Pani-rosa [81]

Answer:

The correct answer is:  supply chain management.

Explanation:

Supply chain management is the cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components and finished products from original suppliers to end-users. Supply chain management is crucial for most companies and can involve hundreds of links at large corporations, thus it requires considerable skill and expertise.

7 0
3 years ago
Aside from advertising, how can monopolistically
kobusy [5.1K]
<span>This type of marketing is known as imperfect competition as many companies are selling similar products, but the products aren’t similar enough to compete with each other in the market. One way that a company in this type of market can get the most for their money is by producing goods that have a marginal revenue that equals the marginal cost. The company also can continue to develop new products in order to keep us with the demands of its customers. In order to increase the demand for their product, the company may improve its quality and design in order to make it more useful for its customers.</span>
6 0
3 years ago
Other questions:
  • Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior t
    10·1 answer
  • When applying the lower of cost or market rule to inventory valuation, market generally means?
    6·1 answer
  • Why are successful white-collar criminals such as madoff able to carry out their schemes for so long when similar types of fraud
    7·1 answer
  • In July 2009, Hungary successfully issued 1 billion euros in bonds. The transaction was managed by Citigroup. Who is the issuer
    15·1 answer
  • You just got hired as a quality intern for a small startup making 3D printers. Each printer uses a number of small motors and on
    9·1 answer
  • Silver Springs Company has an unfunded retiree health care plan. Each of the company's four employees has been with the organiza
    12·1 answer
  • Lincoln Corporation, a U.S. corporation, owns 50% of the stock of a controlled foreign corporation (CFC). At the beginning of th
    5·1 answer
  • Which of the following statements regarding the graphs tool are correct? Check all that apply. All graphs contain at least one g
    7·1 answer
  • A market in which a small number of strategically interacting firms produce the dominant share of output is called:_____.
    13·1 answer
  • georgia has an investment portfolio of five stocks. two of the stocks are energy companies, and three are computer manufacturers
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!