You have an insurance policy with a $300 premium and a $500 deductible. How much should you expect to pay the insurance company each month for coverage?
a. $200
b. $300
c. $500
d. $800
Insurance is protection from financial loss. Insurance is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Insurance is a financial product sold by insurance companies to safeguard people also property against the risk of loss, damage or theft (flooding, burglary or accident).
Whereas the insurance policy is the contract between the insurer and the insured known as the policyholder, that determines the claims which the insurer is legally required to pay. Whereas Insurance coverage is the amount of risk/ liability covered for an individual/entity by way of insurance services.
Insurance policy = $300 premium, $500 deductible. A deductible is the amount you pay out of pocket when you make a claim.
A lower deductible means higher monthly payments. If you have a low deductible, you have more coverage from your insurance company and you have to pay less out of pocket in the case of a claim. A higher deductible also means the reduced cost in the insurance premium.
Then we should pay the insurance company each month for coverage = $300
Grade: 9
Subject: Business
Chapter: insurance
Keywords: insurance policy, premium, deductible, insurance company, coverage
The answer is C,
borrowing.
B.40 to 60
C.10 to 20
D.30 to 40
Answer: software
Explanation: because that is what i picked for the last test i had and they said it was correct. now if its wrong they most likely did the test wrong in some type of way or fashion. or there are more answers for the same question. so sorry if its wrong!!!!!
In the context of trademarks, items such as an advertising slogan, a song, software, and a movie can be covered by trademark. However, a formula for a new medication would not be covered by trademark.
In the context of trademarks, the following items would be covered:
However, a formula for a new medication would not be covered by trademark. Instead, formulas for medications are typically protected by patents.
Learn more about trademark coverage here:
#SPJ14
Answer:
$15,120
Explanation:
Dec 2021 Depreciation ($56,000 - $14000) / 5 = $8400
Dec 2022 Depreciation ($56,000-$8400 - $14000) / 5 = $6720
Accumulated Depreciation = $8400 + $6720 = $15,120
Answer:
Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent. ⇒ TRUE
Explanation:
The Fourth Amendment of the Constitution protects people against illegal searches, seizures and warrants, but there are exceptions to this amendment:
Answer:
01-Aug
Dr Petty Cash $225
Cr Cash $225
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
Cr Cash $220
16-Aug
Dr Petty Cash $225
Cr Cash $225
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
Explanation:
Preparation of the petty cash transactions.
01-Aug
Dr Petty Cash $225
Cr Cash $225
(To Record Establishment of fund )
15-Aug
Dr Freight Out $96
Dr Postage Expense $41.70
Dr Entertainment Expense $48.70
Dr Miscellaneous Expenses $32.50
Dr Cash Over and Short $1.1
($220-$96-$41.70-$48.70-$32.50)
Cr Cash $220
(To Record Expenses)
16-Aug
Dr Petty Cash $225
Cr Cash $225
(To increase cash in fund )
31-Aug
Dr Postage Expense $139.80
Dr Entertainment Expense $96.40
Dr Freight Out $71.80
Dr Cash Over and Short $1.3
Cr Cash $309.30
($309.30-$139.80-$96.40-$71.80)
(To Record Expenses)