Answer:
answer is principle of indemnity
Explanation:
solution
profit from an insurance transaction is called the principle of indemnity
here indemnity means security or the protection against any financial liability so
Principle of indemnity is restoring the insured to the same financial condition as before the loss of it
it mean there is no profit also
so answer is principle of indemnity
Because due to Russia falling to communism in the 20’s and 30’s and parts of Europe the rise of communism in some states in the 40’s and 50’s the political climate between the US capitalists and the USSR communists caused friction for many years
Answer:i thought i was spanish
Explanation:
What are the territorial entities of the country?
One of thirty rights, enforced by the UN, that <em>everyone </em>has.
Answer:
a.corporate profits and personal incomes
Explanation:
After being appointed by the then US president, Warren G. Harding, T. Mellon was tasked with reducing the large federal debt accumulated as a result of World War I. Hence, in his bid to achieve the aim, he increased revenue by lowering tax rates so a s to boost the economic activity as well as increasing overall tax revenue by encouraging more people to actually pay their taxes.
His then successfully cut taxes across the board both corporate and personal income tax, which was finally enacted by Congress in the Revenue Acts of 1921, 1924, and 1926.
In turn, the top marginal tax rate fell from 73 percent in 1922 to 24 percent in 1929.
