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frutty [35]
3 years ago
14

How does insurance fraud create higher overall prices for everyone?

Business
1 answer:
34kurt3 years ago
4 0

Answer:

Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses. 

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Airline F leases all its aircraft under finance leases. Airline O leases all its aircraft under operating leases. Assuming that
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Explanation:

With operating leases, the entity leasing the asset or the lessee, does not get the rights to ownership of the asset being leased but instead simply pay a fee or sort of rent for leasing the asset.

With a finance lease however, ownership is passed to the lessee for the lease period and the lessee would have to depreciate the asset and record it in its books.

Airline O will therefore not record any assets but Airline F will. This means that Airline F will have more assets than O because it had to record its assets but O did not.

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Certain types of contracts must be in writing pursuant to the statute of​ "frauds".


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Economic value creation

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economic value creation within a a workplace entails tbecreation and sustainable competitive advantage that generate economic value are revenue drivers, cost drivers, and risk drivers.

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