Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for him to take on renters insurance? Select the best answer from the choices provided.
A. Charles should buy renters insurance because the premiums are not substantially less than the value of his belongings.
B. Charles should buy renters insurance to protect the value of the property.
C. Charles should forgo renters insurance if the premiums will quickly overtake the value of his belongings.
D. Charles should forgo renters insurance if the deductible is substantially less than the value of his belongings.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for him to take ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Sue is a gifted cook. She plans to open a restaurant in which she will be the head chef. Sue is willing to work long hours because she believes that her culinary talents and hard work will allow her business to succeed and earn her sizeable profits.
Answers (1)
Which of the following statements is false? a. Actual overhead costs always enter the Work-in-Process account. b. The use of normal costing means that overhead is applied to each job using a predetermined rate. c.
Answers (1)
The U. S. Census Bureau statistics showed that more than 1.3 million people in Illinois-about 11% of the population-are without medical insurance. What approximately would be the total population of Illinois? Round to the nearest million.
Answers (1)
A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable costs are $50 per unit. The firm is considering a fundamental shift in process, to repetitive manufacturing.
Answers (1)
Doug incurred and paid the following expenses during the year:Classify the following expenses as "Deductible" or "Not deductible". a. $50 for a ticket for running a red light while he was commuting to work. b.
Answers (1)
New Questions in Business
Explain, in your own words and step-by-step, what happens to wastewater once it reaches the treatment plant. (6 steps)
Answers (1)
The following information is from the 2017 records of Armand Music Shop: Accounts receivable, December 31, 2017 $43,000 (debit) Allowance for Bad Debts, December 31, 2017 prior to adjustment 1,500 (debit) Net credit sales for 2017 178,000 Accounts
Answers (1)
Green Glass recently pays dividends. Future dividends are projected at $2.5, $3.5, and $4.5 over the next three years, respectively. Beginning four years from now, the annual dividend is expected to grow at 4% annually forever.
Answers (1)
What are two tasks (out of several) commonly performed by operating systems?
Answers (1)
Question 2 1 pts How much is the fine for your thost offense for failure to keep insurance? $1000 $400 $200 $20
Answers (2)