At the beginning of 2018 I bought a fire insurance policy for my vacation home in Aspen;
Question:
At the beginning of 2018 I bought a fire insurance policy for my vacation home in Aspen; at the end of the year, my vacation home had not burned down. Was my purchase a mistake? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
No purchasing a fire insurance policy for your vacation home in Aspen was not a mistake even if the home did not burn down by the end of the year Insu...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Mylab Economics With Pearson Access Code For Principles Of Microeconomics
ISBN: 9780135197141,9780135197103
13th Edition
Authors: Karl E. Case; Ray C. Fair; Sharon E. Oster
Question Posted:
Students also viewed these Business questions
-
An insurance company will sell a fire insurance policy for a house similar to mine for $1000 (for one year of protection). If there is not a fire at my house this year, the insurance company has made...
-
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
-
David R. and Sheri N. Johnson (ages 45 and 46) are married and live at 641 Cody Way, Casper, WY 82609. David is a consulting engineer, while Sheri is a paralegal. They file a joint return and use the...
-
Write a program that takes three double command-line arguments x, y, and z, reads from standard input a sequence of point coordinates (xi, yi, zi), and prints the coordinates of the point closest to...
-
Sketch the graph of the function. (Include two full periods.) 1. y = sin 6x 2. y = -cos 3x 3. f (x) = 5 sin(2x / 5) 4. f (x) = 8 cos ( -x / 4) 5. y = 5 + sin x
-
What amount will be paid if a company pays a $200 invoice with terms of 2% | 10, N | 30 after 20 days
-
E 21-5 Multiple choice [AICPA adapted] 1. The following revenues were among those reported by Arvida Township in 2016: Net rental revenue (after depreciation) from a parking garage owned by Arvida...
-
A shop sign weighing 245 N is supported by a uniform 155-N beam as shown in Fig. 9-54. Find the tension in the guy wire and the horizontal and vertical forces exerted by the hinge on the beam. 35.0...
-
Question 1 of 4 View Policies Current Attempt in Progress Larkspur Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the...
-
Video poker is a popular form of gambling in casinos, second only to slot machines. Some video poker games offer a doubleup feature, where players receiving a paying hand are offered the chance to...
-
Your current salary is a fixed sum of $115,600 per year. You have an offer for another job. The salary there is a flat $75,000 plus a chance to earn $350,000 if the company does well. Assume that...
-
Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary. a. Purchase of equipment. b. Proceeds from sale of...
-
4) This question concerns the simulation of price trajectories in the Black-Scholes model. We therefore want to simulate price vectors: (St St, Str); where tiit, i=0,1,..., n. The total number of...
-
Consider a pure exchange economy with two goods, (x,y), and two consumers, (1,2). Con- sumers' endowments are e (4,2) and e = (6,6) and their preferences are represented by utility functions: u(x,y)...
-
O The national highways agency releases information on the pro- portion of people not wearing seatbelts, aggregated by city. The data comes from random traffic stops conducted between 8am and 9am on...
-
Ivanka's Budgeted Income Statement You are the accountant for Ivanka Ltd which operates a small mixed business. The following estimates relate to the base year (Year 1): Sales of product A $100 000...
-
1. Implement the function of a XNOR gate by a 2 to 4 decoder. Use logic gates if needed at the output. 2. The following question is to design an octal to binary encoder. a) Write down the truth table...
-
Ethylene glycol is used as an automobile antifreeze and in the manufacture of polyester fibers. The name glycol stems from the sweet taste of this poisonous compound. Combustion of 6.38 mg of...
-
When you weigh yourself on good old terra firma (solid ground), your weight is 142 lb. In an elevator your apparent weight is 121 lb. What are the direction and magnitude of the elevator's...
-
List the types of potential segmenting dimensions, and explain which you would try to apply first, second, and third in a particular situation. If the nature of the situation would affect your...
-
Explain why segmentation efforts based on attempts to divide the mass market using a few demographic dimensions may be very disappointing.
-
Illustrate the concept that segmenting is an aggregating process by referring to the admissions policies of your own college and a nearby college or university.
-
Management makes many judgements and estimates in preparing accounts, some of which will have a significant effect on the reported results and financial position. Give examples of ZAIN estimates and...
-
What is the NPV of a project with an initial investment of $350,000 and annual cash inflows of $150,000 for the next 10 years? Cost of capital is 13% A $436,721.21 B $442,901.59 C $452,932.43 D...
-
Journal DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Joumalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of...
Study smarter with the SolutionInn App