Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

1. Why does home insurance typically include a deductible (a policy which says that the insuree must pay for losses up to, say, 200)? Explain

1. Why does home insurance typically include a deductible (a policy which says that the insuree must pay for losses up to, say, 200)? Explain briefly in two or three sentences (marks will be deducted for longer answers).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

Students also viewed these Economics questions

Question

★★★★★

Fortress Paper Ltd. operates internationally in three distinct business segments: dissolving pulp, specialty papers, and security paper products. The statement of financial position and statement of...

Answered: 1 week ago

Question

★★★★★

For Further Research (Individual) Find an example of disintermediation that has been employed by a particular firm. Research the specific impact of the disintermediation on the organizations...

Answered: 1 week ago

Question

★★★★★

If you have conducted a follow-up of nonrespondents (which you should do!), you can do a comparison between respondents and nonrespondents.

Answered: 1 week ago

Question

★★★★★

Zonker Inc. purchases 500 units of an item at an invoice cost of $30,000. What is the cost per unit? If the goods are shipped f.o.b. shipping point and the freight bill was $1,500, what is the cost...

Answered: 1 week ago

Question

★★★★★

Can I have an explanation for this answer? The initial market rate was 5%. d. Suppose that on July 1, 20X1, the market rate of interest increases to 6%. Given this change in the market rate, would...

Answered: 1 week ago

Question

★★★★★

Axiom Corporation reported the book value of its net assets at $600,000 when Zebra Corporation acquired 100 percent ownership. The fair value of Axiom's net assets was determined to be $900,000 on...

Answered: 1 week ago

Question

★★★★★

2. Rationalize each denominator. 53 e. 23+4 32 f. 23-5 3. Rationalize each numerator. 3-7 e. 4 23+ 7 f. 5 7. Calculate the slope of the tangent to each curve at the given point or value of x. 2 c. y=...

Answered: 1 week ago

Question

★★★★★

Develop a causal circle based on the following: Walmart has been receiving complaints regarding length of time spent waiting in line.

Answered: 1 week ago

Question

★★★★★

What would you consider specific information as opposed to passive information that may only help in a bind, Is there specific information that you would research for?

Answered: 1 week ago

Question

★★★★★

2.2. Choose a mineral as an example (eg. copper) and briefly describe how the following factors may influence the quantity of this mineral that will be demanded: 2.2.1. Price of the mineral (2)...

Answered: 1 week ago

Question

★★★★★

Do you find overt use of group-specific symbols/language offensive or exploitative?

Answered: 1 week ago

Question

★★★★★

*THE ANSWERS FOR QUESTIONS 1&2 ARE BELOW FOR REFERNCE, YOU ONLY NEED TO SOLVE QUESTION 3* Submission file format: Excel document with all the answers, clearly identifying all steps, results, journals...

Answered: 1 week ago

Previous Question Next Question