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Sergio [31]
3 years ago
10

William pays $500 premium every six months for automobile insurance with collision coverage. His deductible is $750. William cau

sed a minor accident that resulted in $700 of damage to his car and $1,100 of damage to the other car. Williams’s car looks and drives fine if he chooses not to file a claim to repair his car how much will you pay out-of-pocket to help the other cars fixed?
Business
2 answers:
stich3 [128]3 years ago
6 0

<span>A collision coverage type of insurance only the covers the cost that is incurred due to damage to your car. It does not include the cost for the other car. Therefore you will have to pay the total of $1,100</span>

Eva8 [605]3 years ago
5 0

ANSWER: $1,100

EXPLANATION: William had his insurance for his automobile but it is nowhere indicated that he had third party coverage. He had collision coverage which insured his car and saved his damage of $700. But he definitely needs to pay out-of-pocket the sum of $1,100 for the other car which got damaged in the accident.

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Current market prices reflect all relevant information, whether it is known publicly or privately. True or false?.
likoan [24]

<u>True.</u> Current market prices reflect all relevant information, whether it is known publicly or privately.

<h3><u>What does strong-form efficiency mean?</u></h3>

Strong form efficiency is the strictest interpretation of the efficient market hypothesis (EMH) investment theory, which claims that a stock's price takes into account all available information, whether it is public or private. Strong form efficiency advocates contend that even access to insider information cannot benefit an investment.

No matter how much study or information investors have access to, this level of market efficiency indicates that profits above typical returns cannot be realized. The majority of instances of strong form efficiency involve insider knowledge. This is due to the fact that the EMH's strong form efficiency is the sole component that incorporates confidential information.

Contrary to popular opinion, the idea contends, that possessing inside information won't help an investor achieve large market returns.

Learn more about the efficient market hypothesis (EMH) with the help of the given link:

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3 0
2 years ago
On April 1, Holton Company borrows $100,000 from West Bank by signing a 6-month, 6%, interest-bearing note.
topjm [15]

Answer:

A. Dr Cash $100,000

Cr Notes Payable $100,000

B. Dr Interest expense $1,500

Cr Interest Payable $1,500

Explanation:

a Preparation of the entry on April 1 when the note was issued.

Dr Cash $100,000

Cr Notes Payable $100,000

(To record note issued)

B. Preparation of any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements

Dr Interest expense $1,500

Cr Interest Payable $1,500

($100,000 x .06 x 3/12)

8 0
3 years ago
Terangkan peran sistem pembayaran dalam perekonomian!
Maslowich
Sistem pembayaran nessacary karena tanpa surrency , kita hanya akan memiliki barter , metode yang agak inneffiecient perdagangan .
5 0
4 years ago
The faculty member on my study abroad trip to Costa Rica has traveled there many times and is quite knowledgeable about the coun
Sedbober [7]

Answer:

B. Expert power

Explanation:

Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.

8 0
3 years ago
When a union raises the wage above the equilibrium level, a. the quantity of labor supplied falls and unemployment rises. b. bot
Furkat [3]

Answer:

b. both the quantity of labor supplied and unemployment rise

Explanation:

The labor market operates under the logic of balancing labor supply and labor demand. The adjustment vector for this balance is the price of wages. When a union of unions forces wages up, naturally more workers will offer work because they see an opportunity that benefits them. However, the higher salary is a cost to firms, which have hired fewer employees and eventually fired. Therefore, both labor supply and unemployment increase.

8 0
4 years ago
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