Franchise deductible - Study guides, Class notes & Summaries

TAX2601 Assignment 3 (DETAILED ANSWERS) Semester 2 2023 - DUE 4 September 2023 100% TRUSTED workings, explanations and solutions. For assistance call or Whatsapp us on +25477 954 0132 . QUESTION 1 PART A Health Harmony (Pty) Ltd (“HH”) is a company offering various health and wellness services and sells health supplements. The company is situated in Johannesburg and its financial year ends on 31 March 2023. HH owns a 25% shareholding in another company specialising in organic juices, OJuicy...

Health Insurance Florida 2-40 Practice Exam Questions #2/Answered/A+ Rated/Complete Guide 2023/2024 Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent, utilities, telephone, equipment, employees' s...

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as __________ laws. A. environmental B. antitrust C. property D. industrial - ANSWER-A. Environmental: The purpose of environmental laws is to protect the natural environment—the air, soil, and water. Environmental laws help reduce pollution and govern the ways in which individuals and all types of businesses (e.g., service, industrial businesses) di...

Florida Insurance Exam 100% questions and correct answers Risk - ANSWERS the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - ANSWERS CHANCE Policy - ANSWERS a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - ANSWERS a contract where one undertakes to indemnify another or pay a specific amount determined on contingencies Binders - ANSWERS temporary insurance whic...

2-20 Florida General Lines Study Exam Questions With Verified Answers Hazard - answerCondition that introduces or increases the likelihood of loss from a peril Franchise Deductible - answerNo payments made unless the loss equals or exceeds prescribed amount, then loss paid in full Misrepresentation - answerUntrue statement made by insured Liability Insurance - answerInsurance paid to others on insured's behalf Valued Policy Law - answerTotal loss by insured peril to a building, structure...

Florida Insurance Exam 100% questions and correct answers Risk - ANSWERS the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - ANSWERS CHANCE Policy - ANSWERS a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - ANSWERS a contract where one undertakes to indemnify another or pay a specific amount determined on contingencies Binders - ANSWERS temporary insurance whic...

2024 5 HOUR CALIFORNIA TAX LAW LATEST UPDATE 100% PASS In an effort to improve the earthquake safety of his home, Perry Powell spends $500 to anchor the water heater in his basement. He receives a $250 rebate from the California Residential Mitigation Program that was taxable on his Federal income tax return. Perry can exclude what amount of the rebate from his income on his California state income tax return? $250 Which of the following statements is not true regarding estimated tax payments?...

Adjuster Pro Exam Questions And Answers 2024

Florida Personal Lines 20-44 Definitions Complete Solutions Abandonment Clause ️A clause often contained in property insurance policies stating that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value Accident ️A sudden fortuitous event Actual Cash Value (ACV) ️The cost to replace an item of property at the time of loss, less an allowance for depreciation. Often used to determine amount of reimbursement for a loss (ACV=Repla...

20-44 Personal Lines Agent PreXam Flashcards ALL SETS Questions and Answers 100% Pass the cost to replace an item or property at the time of loss, minus depreciation - Correct Answer ️️ -Actual Cash Value (ACV) a type of policy limit which limits coverage to a specified total amount for all losses occuring w/in the policy period - Correct Answer ️️ -Aggregate Limit conviction of a 3rd degree felony, liability for all unpaid claims, suspencion or revocation of all insurance license...