What losse - Study guides, Class notes & Summaries

risk - is the chance of financial loss peril - is the caise of financial loss for example- fire water and earthquake what is the main purpose of insurance - is to allow the spread of risk indemnity - means restoring the insureds to the sam financial position as they were in immediately prior to the loss. whose option is to of how they want to settle a claim? - the insurer insurance indemnifies - future and accidental losses only, not the planned losse

RMI 3567 Exam 2 Questions and Answers 100% Correct What are three positive externalities that occurred due to access to terrorism insurance? - Correct Answer ️️ -1. facilitates real estate transaction 2. strengthens businesses' ability to operate in risky areas 3. protects wealth/savings of households in risky areas Pollution from gasoline in a car or industrial pollution would be examples of what? - Correct Answer ️️ -negative externality This is the most common terrorism model...

WGU C214 OA Financial Management Retake Exam GRADED A LATEST VERSION 1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do? Prohibits U.S. firms and individuals from paying bribes to foreign officials to further business deals. 2. What are two basic types of financial instruments? Stocks and Bonds 3. What are secondary markets? Secondary financial markets are where securities are traded after the initial offering. 4. What do cash flows from operating activities rep...

NJ Property/ Casualty Insurance Exam Set Questions and Answers 2024( A+ GRADED 100% VERIFIED).

1. What are the major classes of automobile risks? : Private passenger, commercial vehicles, public automobiles, recreational vehicles, garage risks, non-owned automobiles. 2. Name the four aspects of each risk that must be considered in rating. How does each one affect the rate? : Territory where the automobile is used, class of automobile and its uses, drivers, the automobile itself. 3. What makes an insurance rate different from the price of another commodity? : When setting a reta...

2024 PHYSICAL AND HUMAN GEOGRAPHY D199 PRE-ASSESSMENT INTRODUCTION EXAM WITH CORRECT ANSWERS

FINANCE MISC Test 4 Study Guide Latest 2022/2023. On January 1 of the first year of operation, an investor paid $10,000 for a 20% interest in Biga, an S corporation. During the same year, Biga earned $10,000 taxable income and $2,000 tax-exempt interest. Biga paid dividends totaling $1,000 to its shareholders during the same year. What is the investor’s tax basis in the shares of Biga at the end of the year? $12,200 2. On January 1, 2019, Terry purchased 50% of Halt, an S corporation, fo...

FINANCE MISC Test 4 Study Guide Latest 2022/2023. On January 1 of the first year of operation, an investor paid $10,000 for a 20% interest in Biga, an S corporation. During the same year, Biga earned $10,000 taxable income and $2,000 tax-exempt interest. Biga paid dividends totaling $1,000 to its shareholders during the same year. What is the investor’s tax basis in the shares of Biga at the end of the year? $12,200 2. On January 1, 2019, Terry purchased 50% of Halt, an S corporation, fo...

Wgu D199 Questions And Answers With Verified Solutions Rated A+

1. On January 1 of the first year of operation, an investor paid $10,000 for a 20% interest in Biga, an S corporation. During the same year, Biga earned $10,000 taxable income and $2,000 tax-exempt interest. Biga paid dividends totaling $1,000 to its shareholders during the same year. What is the investor’s tax basis in the shares of Biga at the end of the year? $12,200 2. On January 1, 2019, Terry purchased 50% of Halt, an S corporation, for $150,000. At the end of 2019, Halt incurr...