What is the purpose of other-insurance provisions?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Otherinsurance provisions are typically present in many insurance contracts Thes...View the full answer
Answered By
Brown Arianne
Detail-oriented professional tutor with a solid 10 years of experience instilling confidence in high school and college students. Dedicated to empowering all students with constructive feedback and practical test-taking strategies. Effective educator and team player whether working in a school, university, or private provider setting. Active listener committed to helping students overcome academic challenges to reach personal goals.
4.60+
2+ Reviews
10+ Question Solved
Related Book For
Principles Of Risk Management And Insurance
ISBN: 399
12th Edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
What is the purpose of the step-down provisions in a securitization?
-
What is the purpose of financial markets? How can this purpose be accomplished efficiently?
-
What are standard costs, and what is the purpose of a standard cost system?
-
Calculate the numerical value of cross-price elasticity, exy, in each of the following situations. Do not round your interim calculations before obtaining the final solution (i.e. do not clear your...
-
Darrigo Grape received an invoice for $13 780 dated September 28, terms 5/20 R.O.G., from Nappa Vineyards for a carload of grape juice received October 20. Darrigo made a partial payment of $5966 on...
-
(CVP) CSP Inc. makes a childs jumper chair that sells for $60. Variable man ufacturing and variable selling costs are, respectively, $35 and $10 per unit. Annual fixed costs are $975,000. a. What is...
-
P8-2 Computations and entries (subsidiary issues additional shares to public) Pop Corporation purchased 480,000 shares of Son Corporations common stock (an 80 percent interest) for $10,600,000 on...
-
Selected transactions from the journal of Galaxy Inc. during its first month of operations are presented here. Instructions(a) Post the transactions to T accounts.(b) Prepare a trial balance at...
-
The following information is given: $80.000 40,000 30,000 Net income (including Depreciation expenses of $9,000) Account receivable beginning balance Account receivables ending balance Increase in...
-
A company produces scooters used by small businesses, such as pizza parlors, that find them convenient for making short deliveries. The company is notified whenever a scooter breaks down, and the...
-
What is the fundamental purpose of a coinsurance clause?
-
a. What is the meaning of "named insured"? b. Can other parties be insured under a policy even though they are not specifically named? Explain your answer.
-
In the lagging strand, DNA is made in the direction _________ the replication fork and is made as __________. a. toward, one continuous strand b. away from, one continuous strand c. toward, Okazaki...
-
Write out the form of the partial fraction decomposition of the function (see example). Do not determine the numerical values of the coefficients. x3 (a) x + 7x+6 9x+1 (b) (x + 1)3(x + 2) Submit...
-
You desire to make an 80% by weight vinyl acetate to 20% by weight styrene copolymer via free radical, emulsion polymerization. The r 1 and r 2 values for these monomers are 0.01 and 55,...
-
Q1)In a wheel and axle machine the diameters of the wheel and the axle are 450mm and 60mm respectively.The efficiency is 97%(0.97 per unit).When a body having a mass of 40kg is being lifted.Determine...
-
Smith & Chief Ltd. of Sydney, Australia, is a merchandising firm that is the sole distributor of a product that is increasing in popularity among Australian consumers. The company's income statements...
-
C. In lab, you measure the x & y components of a possible incompressible flow field as u = 2cxy; and where cand a are constants. v = c(a + x - y) 5. (04 pts) Short answer, what is necessary for the...
-
A random walk with reflecting barriers 0 and \(N\) is a Markov chain whose state space is \(E=\{0,1,2, \ldots, N\}\), which, at any state strictly between 0 and \(N\), moves next to either the state...
-
Explain five different cases of income exempt from tax with clear examples.
-
For each of the following relationships, correlation coefficients for height were determined for 15 pairs of individuals:Father-daughter: 0.41 Father-granddaughter: 0.18 Sister-sister: 0.40...
-
Distinguish between OASDI programs and workers compensation programs.
-
Adam Smith is 48 years old IT consultant. He has a 47 years old wife Lisa, and three sons, Michael 24 years old, John is 22 years old and Alan 5 years old. John works as teacher and has his own...
-
Determine the similarities and the differences between social security and private insurance.
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App