Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 16, 2024

What type of insurance policy insures against all risks of loss that are not specifically excluded by the policy? OA) Binder policy OB) Named

What type of insurance policy insures against all risks of loss that are not specifically excluded by the policy? OA) Binder policy OB) Named peril policy OC) Specified peril policy OD) Open peril policy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided ... 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

Economics Today The Micro View

Authors: Roger LeRoy Miller

20th Edition

0135888123, 9780135888124

More Books

Students also viewed these General Management questions

Question

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene...

Answered: 1 week ago

Question

★★★★★

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 1 week ago

Question

★★★★★

1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...

Answered: 1 week ago

Question

★★★★★

1. Identify the function of the underlined noun/s in each item. 1. On rainy mornings, is your bus usually late? 2. On the desk were the red pencils. 3. Volcanoes and earthquakes are destructive...

Answered: 1 week ago

Question

★★★★★

An automobile insurance company classifies applicants by their driving records for the previous three years. Let S = {applicants who have received speeding tickets}, A = {applicants who have caused...

Answered: 1 week ago

Question

★★★★★

6.60 z-score and tail probability a. Find the z-score for the number that is less than only 1% of the values of a normal distribution. Sketch a graph to show where this value is. b. Find the z-scores...

Answered: 1 week ago

Question

★★★★★

John is going to take two exams for his degree course next week. The first one is more difficult and he feels that the probability he will pass this exam is 34, while he is more confident about the...

Answered: 1 week ago

Question

★★★★★

During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash collections on these accounts total $110,000. Pave estimates that 25%...

Answered: 1 week ago

Question

★★★★★

Sub Zero, Inc., an equipment manufacturer, leased a freezer to Commercial Kitchen Company on January 1, 2019. The lease is for a 6-year period and requires equal annual payments of $42,061.33 at the...

Answered: 1 week ago

Question

★★★★★

The following schedule shows the excess of cash receipts over cash disbursements projected for the Zoptic Company for 20X1: The company borrows and repays from an open line of credit in round $100...

Answered: 1 week ago

Question

★★★★★

The most important factor for the success of a supervised learning model is... Group of answer choices c. how much data you have. a. how well the training data matches the data the model will be used...

Answered: 1 week ago

Question

★★★★★

totaling 10 marks. Question 31 2 Points CASE: Noora is against smoking. She has seen how this bad habit can negatively affect health. Noora's father was a smoker, and he died a few years ago because...

Answered: 1 week ago

Question

★★★★★

1 8 . 2 . in surveting What are the steps required to provide a vertical location layout for ( a ) a one - story building or ( b ) a multistory building? List the steps in point form

Answered: 1 week ago

Question

★★★★★

Question 1-9 marks One of the most popular buzzwords in business today is the word "Kaizen". It is a Japanese word meaning "incremental improvement. Kaizen was formalized by the Toyota Production...

Answered: 1 week ago

Question

★★★★★

As strategic partners, how human resource managers approach change management, based on organizational structure, culture? Also, how knowing different functional areas of an organization (e.g.,...

Answered: 1 week ago

Question

★★★★★

Per case, Obermeyer s initial production commitment is at least 1 0 , 0 0 0 units. To get some more understanding, we\'ll change this slightly, to 1 2 , 0 0 0 units. Which styles should be produced...

Answered: 1 week ago

Question

★★★★★

soon 24 Which of the following statements is correct with respect to separation of duties? wered arked out of 0 Flag question Employees who authorize transactions should not have custody of related...

Answered: 1 week ago

Question

★★★★★

Which task is performed by a book-keeper? A. Analysing the trading results B. Entering transactions in the ledger C. Preparing year-end financial statements D. Providing information for...

Answered: 1 week ago

Question

★★★★★

The diagram below depicts the demand curve for "mini burgers" in a local fast-food market. Use the information in this diagram to answer the questions that follow. a. What is the price elasticity of...

Answered: 1 week ago

Question

★★★★★

What likely happened to the four-firm concentration ratio in the airline industry when United and Continental Airlines merged? What likely happened to the eight-firm concentration ratio?

Answered: 1 week ago

Question

★★★★★

How might an increase in demand for tourist destinations along with a higher demand for solar and wind energy have induced conversion of some German mines into lakes surrounded by cottages, solar...

Answered: 1 week ago

Question

★★★★★

D&G Industries operates three shifts every day of the week. Each shift includes full-time hourly workers, nonsupervisory salaried employees, and supervisors/ managers. D&G Industries would like to...

Answered: 1 week ago

Question

★★★★★

The following sample data were recently collected in the course of conducting a randomized block analysis of variance. Based on these sample data, what conclusions should be reached about blocking...

Answered: 1 week ago

Question

★★★★★

The Cordage Institute, based in Wayne, Pennsylvania, is an international association of manufacturers, producers, and resellers of cordage, rope, and twine. It is a not-for-profit corporation that...

Answered: 1 week ago

Previous Question Next Question