Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mary wants to establish a skiing business where she will invite people to come and ski for leisure and sport. This will be unique business

Mary wants to establish a skiing business where she will invite people to come and ski for leisure and sport. This will be unique business in the whole of East Africa and the licensing authority has placed a requirement that all persons skiing in the premise must be insured by Mary against accidents. She is not sure whether this is an ideal insurable risk.Assist Mary to evaluate whether the risk of accident in her proposed business, meets attributes of ideal insurable risk.10 marks

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Fundamentals Of Investing

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

13th Edition

978-0134083308, 013408330X

More Books

Students also viewed these Finance questions

Question

Identify the three elements of the services marketing mix.

Answered: 1 week ago

Question

Outline the differences between sport goods and services.

Answered: 1 week ago