Question

The benefits of Insurance are: - Indemnification for loss, less worry and fear, source of investment...

The benefits of Insurance are:

- Indemnification for loss, less worry and fear, source of investment funds, loss prevention, enchantment of credit

- Indemnification for loss, less worry and fear, source of investment funds, loss prevention, pooling or sharing of loss

- Indemnification for loss, less worry and fear, loss prevention, ccoverage against losses

- None of the above

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The use of credit scoring in underwriting and pricing auto insurance A. has never been shown...
The use of credit scoring in underwriting and pricing auto insurance A. has never been shown to be predictive of insurance loss experience. B. is illegal under federal law because it discriminates against lower-income drivers. C. is utilized primarily because it reflects the driver's ability to pay premiums. D. None of the above,
True or False 3.    An individual's current year capital loss from investment property not offset against...
True or False 3.    An individual's current year capital loss from investment property not offset against capital gains and ordinary income is carried forward indefinitely. 4.    Individuals may deduct capital losses only to the extent of their capital gains. 6.    Real property such as a commercial building depreciated using MACRS is not subject to depreciation recapture. 7.    Land held for six months is sold for a gain. The land is used in the taxpayer's business. The gain is treated...
52. Benefits of CDS: A. Hedging interest rate risk, A long positioning vehicle that does not...
52. Benefits of CDS: A. Hedging interest rate risk, A long positioning vehicle that does not require an initial cash outlay, Access to maturity exposures not available in the cash market B. Hedging exchange rate risk, A short positioning vehicle that does require an initial cash outlay, Access to maturity exposures not available in the cash market C. Hedging credit risk, A short positioning vehicle that does not require an initial cash outlay, Access to maturity exposures not available in...
14. Jim, single, took out a mortgage on his home for $590,000 five years ago. In...
14. Jim, single, took out a mortgage on his home for $590,000 five years ago. In September of this year, when the home had a fair market value of $620,000 and he owed $550,000 on the mortgage, he took out a home equity loan for $80,000. Will used the funds to purchase a yacht to be used for recreational purposes. What is the maximum amount of debt on which he can deduct home equity interest? a. $70,000. b. $80,000. c....
16. A run on the bank refers to Select one: a. the banking failure resulting from...
16. A run on the bank refers to Select one: a. the banking failure resulting from borrowers running away from their loans. b. depositors who are not depositing money in the bank but rather investing them in other areas. c. deposits that are not earning competitive interest rates. d. depositors who are withdrawing deposits out of fear of a bank s failure and loss of deposits. 17. A corporation that owns several firms and at least one of them is...
Rios Financial Co. is a regional insurance company that began operations on January 1, Year 1....
Rios Financial Co. is a regional insurance company that began operations on January 1, Year 1. The following transactions relate to trading securities acquired by Rios Financial Co., which has a fiscal year ending on December 31: Record these transactions on page 10: Year 1 Feb. 1. Purchased 4,700 shares of Caldwell Inc. as a trading security at $36 per share plus a brokerage commission of $470. May 1. Purchased 1,800 shares of Holland Inc. as a trading security at...
Sarah has $2,500 that she wants to invest in a European certificate of deposit (CD). The...
Sarah has $2,500 that she wants to invest in a European certificate of deposit (CD). The spot exchange rate (dollars per euro) ise$/€=1.13 If the minimum investment required in the CD is €2,000, does Sarah have sufficient funds? If not, what is the shortfall (in Euros)? If so, how much surplus does Sarah have (in euros)? NOTE: This is not a multiple-choice problem. Show your work to receive credit for the problem. Suppose the euro/Australian dollar exchange rate increases from...
20. As interest rates change, present values change: a. Directly. b. There is no connection between...
20. As interest rates change, present values change: a. Directly. b. There is no connection between interest rates and present values. c. Inversely. d. Upward. 21. When interest rates rise, present values: a. Increase. b. Decrease. c. Remain the same. d. First rise, then fall. 22. Financial markets and institutions perform which of the following functions: a. They are a payments mechanism. b. They are a vehicle for savings. c. They are a supplier of credit. d. They are a...
1. John invested $20,000 fifteen years ago with an insurance company that has paid him 8...
1. John invested $20,000 fifteen years ago with an insurance company that has paid him 8 percent (APR), compounded quarterly (every 3 months). How much interest did John earn over the 15 years? a. $2,416.08 b. $45,620.62 c. $24,000.00 d. $28,318.95 e. $65,620.62 2. You are running short of cash and really need to pay your tuition. A friend suggests that you check out the local title pawn shop. At the shop they offer to loan you $5,000 if you...
Subject: Human Resource Management Main question: Which benefit plans would you choose, and which wouldn't you...
Subject: Human Resource Management Main question: Which benefit plans would you choose, and which wouldn't you choose and give reasons why you would or would not want a benefit that were used in making the benefit selections (specially at at entry level making $30000). PROCEDURES: Assume that you recently graduated from college and are just starting a new job at a large firm. You will be receiving a starting net pay (net of all taxes and mandatory deductions) of $30,000....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT