XYZ Insurance Company writes coverage for most perils which can damage property. XYZ, however, does not write flood insurance on property located in flood plains. Which requirement of an ideally insurable risk might be violated if XYZ wrote flood insurance on property located in flood plains
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “XYZ Insurance Company writes coverage for most perils which can damage property. XYZ, however, does not write flood insurance on property ...” 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
Oriole Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 56,000 with terms 2/10 n/30. On July 9, 2020, Oriole received full payment for the July 1 sale. Prepare the required journal entries for Oriole Co.
Answers (1)
What term is used for bonds that have specific assets pledged as collateral? A. Convertible bonds. B. Discount bonds. C. Callable bonds. D. Secured bonds.
Answers (1)
The text suggests marketing efforts should be guided by five sustainable marketing principles. In the video, Bert Jacobs, co-founder of Life is Good, discusses the company's commitment to improving children's lives;
Answers (1)
When the auditors of a nonpublic company are unable to comply with generally accepted auditing standards, they should issue an opinion that is unmodified, but include an additional emphasis-of-matter paragraph in the report. a) trueb) false
Answers (1)
A bond that pays interest semiannually has a price of $1,043.47 and a semiannual coupon payment of $27.00. If the par value is $1,000, what is the current yield
Answers (1)
New Questions in Business
Which two actions should you take during an informational interview? Tell the interviewer that you would be willing to take any job an employer offers to you.? Encourage the interviewer to do most of the talking during the interview.
Answers (1)
International trade, and changes in the aggregate price level. a. Suppose that the MPC is equal to 0.75. What was the size of the change in government purchases of goods and services that resulted in the increase in real GDP of $200 million? b.
Answers (1)
Carla Company was formed on December 1, 2016. The following information is available from Carla's inventory records for Product BAP. Units Unit Cost January 1, 2017 (beginning inventory) 708 $ 7.00 Purchases: January 5, 2017 1,416 8.
Answers (1)
Service Potential of the CAFR. In your opinion, what are the most important information needs that a government annual report should fulfill for each of the following: 1, Administrators 2. Members of the legislative branch 3. Interested residents. 4.
Answers (1)
Schneider Inc. had salaries payable of $60,000 and $90,000 at the end of Year1 and Year2, respectively. During Year2, Schneider recorded $620,000 in salaries expense in its income statement. Cash outflows for salaries in Year2 were: a. $590,000. b.
Answers (1)