Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 06, 2022

S left a skillet of hot oil on the stove, which torched the kitchen cabinets. In insurance, the fire is an example of: a. peril

S left a skillet of hot oil on the stove, which torched the kitchen cabinets. In insurance, the fire is an example of:

a. peril

b. risk

c. liability

d. abandonment

Step by Step Solution

★★★★★

3.53 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

Answer option a peril A peril is a potential event or fa... 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

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

General Chemistry

Authors: Darrell Ebbing, Steven D. Gammon

9th edition

978-0618857487, 618857486, 143904399X , 978-1439043998

More Books

Students also viewed these Accounting questions

Question

★★★★★

Liability Insurance Company writes a substantial amount of commercial liability insurance. A large construction company requests $100 million of liability insurance to cover its business operations....

Answered: 1 week ago

Question

★★★★★

An insurance company is considering issuing three types of fire insurance policies: (i) complete insurance coverage, (ii) complete coverage above and beyond a $10,000 deductible, and (iii) 90%...

Answered: 1 week ago

Question

★★★★★

In ABC, D lies on AB, CD AB, | AD | = | B D | = 4 cm, AND | CD | = 5 cm. Where a pint P should be chosen on CD so that the sum |PA| + |PB| + |PC| are a minimum?

Answered: 1 week ago

Question

★★★★★

Show that = E[(m(X) - X'p)] B = argmind (b) = (E[XX']) E[Xm(X)] = [E[XX'])E[XY]. berk Hint: To show E[Xm(X)] = E[XY] use the law of iterated expectations. then

Answered: 1 week ago

Question

★★★★★

Describe the fair value method of accounting for investments. Under which circumstances should it be used?

Answered: 1 week ago

Question

★★★★★

Write a complete program for the user to play a number guessing game. The computer generates a random number from 1-10, and the user gets one chance to guess that number. Output a message whether the...

Answered: 1 week ago

Question

★★★★★

Propose ways a psychologist could acknowledge cultural differences while interviewing clients from differing backgrounds.

Answered: 1 week ago

Question

★★★★★

Analyzing and Interpreting the Inventory Turnover Ratio Dell Inc. is the leading manufacturer of personal computers. In a recent year, it reported the following in dollars in millions: Net sales...

Answered: 1 week ago

Question

★★★★★

Bed & Bath, a retailing company, has two departments Hardware and Linens. The company s most recent monthly contribution format income statement follows: A study indicates that $ 3 7 4 , 0 0 0 of the...

Answered: 1 week ago

Question

★★★★★

One aspect of the problem that has been ignored to this point is that each approved project must be led by a senior project manager. Julie has identified only eight senior managers who qualify and...

Answered: 1 week ago

Question

★★★★★

Some consider the power of health professionals, especially physicians, crucial to the health policy process. What unique perspectives do health professionals bring to the table? Are there negative...

Answered: 1 week ago

Question

★★★★★

What would be your opinion about these commenta? 1. The problem with prison gangs and violence is that there is no control inside those prisons. Corrections and jail wardens have a hard time...

Answered: 1 week ago

Question

★★★★★

3 Parametric Equations Parametric Equations 1. Consider the parametric equations 3 x= t+1 = 2t 1 (a) For what values of t are the parametric equations defined? (b) Sketch a graph of the curve on the...

Answered: 1 week ago

Question

★★★★★

Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: A Order Policy: 100 units Lead Time: 1 week January...

Answered: 1 week ago

Question

★★★★★

Garvin (1988) discusses the evolution of quality concepts or philosophies as comprising of five stages. Identify these stages and establish their relevancy to any organisation today. - 3 marks will...

Answered: 1 week ago

Question

★★★★★

Question 14 Which 2 statements about creating scheduled reports are correct? (Select all that apply) Transactions in bank feeds automatically update before scheduled reports are sent You can schedule...

Answered: 1 week ago

Question

★★★★★

Find the future values of the following ordinary annuities. FV of $400 each 6 months for 8 years at a nominal rate of 12%, compounded semiannually. Do not round intermediate calculations. Round your...

Answered: 1 week ago

Question

★★★★★

What types of inventory issues Starbucks might reflect upon at the end of each year? The mission of Starbucks is to inspire and nurture the human spiritone person, one cup, and one neighborhood at a...

Answered: 1 week ago

Question

★★★★★

For each of the following pairs of elements, state whether the binary compound formed is likely to be ionic or covalent. Give the formula and name of the compound. a. Sr, O b. C, Br c. Ga, F d. N, Br

Answered: 1 week ago

Question

★★★★★

A 20.0-g block of iron at 50.0oC and a 20.0 g block of aluminum at 45oC are placed in contact with each other. Assume that heat is only transferred between the two blocks. a. Draw an arrow indicating...

Answered: 1 week ago

Question

★★★★★

Plot the data given in Problem 13.95 to verify that the decomposition of azomethane is first order. Determine the rate constant from the slope of the straight-line plot of log [CH3NNCH3] versus time.

Answered: 1 week ago

Question

★★★★★

Princess Cruises recently offered a 16-day voyage from Beijing to Bangkok during the time period from May to August. The announced price, excluding airfare, for a room with an ocean view or a balcony...

Answered: 1 week ago

Question

★★★★★

The Anasazi Real Estate Company has 20 listings for homes in Santa Fe, New Mexico. The number of days each house has been on the market without selling is as follows: 26 45 16 77 33 50 19 23 55 107...

Answered: 1 week ago

Question

★★★★★

An investment advisor has worked with 24 clients for the past five years. Following are the percentage rates of average five-year returns that these 24 clients experienced over this time frame on...

Answered: 1 week ago

Previous Question Next Question