Answer:
The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
Step-by-step explanation:
Step-by-step explanation:
2.5 + 0.15p = 0.4p
0.25p = 2.5 (subtract 0.15p on both sides)
p = 10 (multiply 4 on both sides)
Answer:
To ensure uniformity on an exam
Or
To test whether you can distinguish between the two formats
Step-by-step explanation:
Standard form is when a straight line equation is rearranged in the form:

Therefore y=2x+4 in standard form is

The slope-intercept form is when a a straight line equation is written in the form:

where m is the slope and c is the y-intercept.
The given equation is

This is already in slope-intercept form:
The standard form and slope-intercept forms are just formats.
Your instructor may restrict you to leave your answer in one of these formats maybe for uniformity on a test.
You may also decide to rewrite an equation in slope-intercept form, so that you can easily identify the slope and y-intercept easily for graphing purpose.
The answer is gonna be Negative
By slope you mean gradient? If yes then it’s 1 and the y intercept is (0, -7)