All categories

3 years ago

Choose the correct statement regarding rental insurance

Business

1 answer:

Eduardwww [97]3 years ago

8 0

Answer:

A. Rental insurance covers your personal belongings but not the building

Explanation:

RENTAL INSURANCE is a type of insurance that help to cover or replace a person or an individual personal belongings in the case of unforseen circumstances such as theft ,fire accident or damage to Property which may arise and on the second hand RENTAL INSURANCE does not cover damage to a person personal property that arise due to damage causes by natural disasters such as hurricanes as well as carpeting repair due to water heater leakage.

Lastly RENTAL INSURANCE does not cover the actual building reason been that it only landlord Insurance policy that covers the actual building which means that the correct statement regarding rental insurance is :Rental insurance covers your personal belongings but not the actual building.

You might be interested in

Each share of common stock provides the investor with a ________ right that offers the investor the first right to purchase any

Marina CMI [18]

Had to look for the options and the answer the best fits the blank provided is PREEMPTIVE. When we say preemptive right, this is the right granted to certain shareholders in order for them to buy additional shares in the company. Hope this answers your question.

4 0

4 years ago

Read 2 more answers

Size of Tax Shield. Roxy Broadcasting was originally an all-equity firm with a before-tax value of $10,000,000. Determine the si

dimulka [17.4K]

I will get to work on your questions right now!

7 0

4 years ago

Jasper Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 651, which was recen

SpyIntel [72]

Answer:

The right answer is "$14,496".

Explanation:

The given values are:

Direct material cost,

= $7700

Labor hours,

= 178

Wage rate,

= $22 per hour

Machine hours,

= 90

Predetermined overhead rate per machine,

= $32

Now,

The direct labors cost will be:

= $Labor \ hours\times wage \ rate$

= $178\times 22$

= $3,916$ ($)

Mfg. overhead costs will be:

= $Machine \ hours\times Predetermined \ overhead \ rate$

= $90\times 32$

= $2,880$ ($)

So,

The total manufacturing cost will be:

= $7700+3916+2880$

= $14,496$ ($)

3 0

3 years ago

During Year 2 Stripling earned $700,000 of revenue on account and collected $710,000 cash from accounts receivable. Also, the co

jasenka [17]

Answer:

here correct option is A. $7,000

Explanation:

given data

Stripling earned = $700,000

collected cash = $710,000

company wrote off = $8,000

revenue = 1 %

to find out

net realizable value of receivable

solution

we will find here amount of uncollectible expense that are for year 2

amount of uncollectible expense = Sales revenue for year 2 × revenue %

put here value we wet

amount of uncollectible expense = $700,000 × 1 %

amount of uncollectible expense = $700,000 × 0.01

amount of uncollectible expense = $7,000

so here correct option is A. $7,000

5 0

3 years ago

the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment o

wolverine [178]

The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True

Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.

However, the statement that an emergent strategy can only exist in only an internal and external environment is true.

This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.

Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company

Therefore, the correct answer is true