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Tanya [424]
3 years ago
5

Lauren purchased a personal umbrella policy with a $1 million limit and a $1,000 self-insured retention. Her insurer required he

r to carry a $300,000 liability limit under her homeowners policy. Tina was held responsible for slandering a public official. The public official won a $100,000 judgment against Tina. The insurer that wrote Tina's homeowners policy denied coverage. How much will the insurer pay under Tina's personal umbrella policy
Business
1 answer:
givi [52]3 years ago
4 0

Answer:

$99,000

Explanation:

The amount of $100,000 will be split between both Tina and the insurer in which the amount of $1,000 will be cover by Tina based on her self-insured retention policy while the insurer on the other hand will cover the remaining amount of $99,000 calculated as ($100,000-$1,000).

Therefore the amount that the insurer will pay under Tina's personal umbrella policy will be $99,000

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For the purpose of calculating gdp, investment is spending on
Brut [27]

Spending on capital goods, inventories, and structures, including the building of new homes, is considered investment for the purposes of computing GDP.

A country's gross domestic product (GDP) is the sum of the market capital goods values of all the finished products and services produced within its borders during a certain time period. It serves as a thorough assessment of a particular country's economic health as a wide indicator of entire domestic production.

While GDP is frequently estimated on an annual basis, it is also occasionally calculated on a quarterly basis. In the capital goods United States, for instance, the government produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Since each set of data in this report is presented in actual terms, price changes are taken into account and the data is therefore net of inflation.

Learn more about GDP here

brainly.com/question/15682765

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The complete question is

For the purpose of calculating GDP, investment is spending on

a. stocks, bonds, and other financial assets.

b. real estate and financial assets.

c new capital equipment, inventories, and structures, including new house construction.

d. All of the above.

8 0
1 year ago
We observe both the price and quantity sold of ketchup falls over time. assuming all else stayed the same, this is due to:
kolezko [41]
The reason behind the falling of price and quantity of ketchup sold is that the cost of mustard seeds decreases as mustard is a substitute of ketchup and for the input mustard seeds are produced. So, if the price of mustard seed decreases, the price of ketchup also decreases.
4 0
3 years ago
Determine Cost of Land Four Corners Delivery Company acquired an adjacent lot to construct a new warehouse, paying $32,000 and g
ratelena [41]

Answer: $343565

Explanation:

The cost of the land to be reported on the balance sheet goes thus:

Initial cost of land = $32000 + $282000 = $314000

Add: Legal fee = $2465

Add: Deliquescent charges = $11800

Add: Building demolition = $20000

Total = $348265

Less: Material savaged = $4700

Cost of land = $343565

The cost of the land is $343565

8 0
4 years ago
Sundance Motor Lodge has 5600 bonds outstanding with a face value of $1,000 each and a coupon rate of 6.7 percent. The interest
Makovka662 [10]

Answer:

$1,792,000

Explanation:

The computation of the present value of the interest tax shield is shown below:

= Number of bonds outstanding × face value × tax rate

= 5,600 bonds × $1,000 × 32%

= $1,792,000

We simply multiply the number of bonds outstanding with the face value and the tax rate so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Sinking fund cash or cash assets are set aside for a purpose of
IgorC [24]
Sorry you need a little more detail for your question.
5 0
3 years ago
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