Answer:
Yes, any intentional misrepresentations by the applicant should be enough to permit the insurer to deny coverage for a loss even if the misrepresented fact had no relationship to the loss
Explanation:
This is because in case of any intentional misrepresentations the insurer gets a right of recession that is based upon fraud.
In this case the misrepresentation by Hamza voids the policy ab-initio (i.e. at its inception). This is because the misrepresentations by Hamza in this case were with regards to material facts related to the property and this misrepresentation may have induced the insurer to act and thus insure the property. Here the misrepresentations were that the property had a sprinkler system and always had a guard on duty. These two material misrepresentations led the insurer to make an incorrect risk assessment with regards to property and this incorrect and lower assessment of risk profile of the building led the insurer to provide insurance coverage.
Thus, we can conclude that even though the misrepresentations made by Hamza had no relationship to the loss but still the insurer can deny coverage in this case.
Simple Interest Formula: I = PxRxT-Solve for Principal (P) if I=$525;
R=20%; and T=180 days (180/360). *
$525
$52.50
$5250
O $18,900
の
Answer:
$52.50
Explanation:
The formula for simple interest is
I= p x r x t, where
I = interest,
p= principal ; $525
r = interest rate ; 20% or 0.2
t =time in years: 180 days, in years = 180/360 = 0.5 years
I = $525 x 0.2 x 0.5
I =$105 x 0.5
i =$ 52.5
Interest = $52.50
Which of these is a primary and secondary source of market research, respectively?
Answer:
The answer is focus group interviews and trade associations.
Explanation:
Primary rotates around interviews and trade associations revolve encompassing receiving something back. the primary reference of research is data assembled through original or first-hand examination while the secondary reference is the data information collect by someone in history.
Why is strength an internal force
Answer:
Because it comes from within the person.
Explanation:
In business, we learn about the concept of internal force and external force as two factors that could influence the outcome of a certain event.
External forces are the type of influences that come from our environment. Generally, it's not something that we can control. We have to make proper adaptation to address the external forces to prevent it from ruining our goals.
Example of External Goals : Natural disaster, Future laws made by the government, etc.
Internal forces on the other hand are the type of influences that come from within ourselves as a person. It is something that we can control and constantly thrive to improve in order to make it easier for us to achieve our goals.
Example of internal goals: Strength, Emotional stability, Motivation, etc.
At what point does a market-driven enterprise run into problems?
Answer:
Amelia rented a DVD and it was due to be returned on 26 November. She actually returned it to the shop on 12 December. The rental shop applies a fine of 9p for every day the DVD is overdue.
Work out the total fine paid by Amelia. Give your answer in £
Refer to the data. Assuming the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be:
Answer: $22,000 and $105,000 respectively.
Explanation:
When the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be respectively $22,000 & $105,000.
Help ASAP!!!! most possible answer
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two, and his total
deductions arer $375.00, what is his GROSS PAY and NET PAY?
Answer:
GROSS PAY: $711.75
NET PAY:$336.75
Explanation:
Total hourly pay $9.75 x hours worked (73) = gross pay
Gross pay - deductions = netpay
What is a credit limit and what is it's purpose?
Answer:
What is a credit limit?
A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
what is the purpose of a credit limit?
Credit limits determine how much you can spend using your credit cards and serve as a way for lenders to limit the risk of lending money. Having high credit limits can be a good thing, because it gives you the flexibility to spend money when you need to and it may help you maintain good credit scores.
Explanation:
In a progressive tax system, who pays a greater proportion of their income in taxes?
A. people with low incomes
B. people with high incomes
C. people who have the most deductions
D. Everyone pays the same.
Answer:
B. people with high incomes
Explanation:
A progressive tax system imposes high tax rates to high-income earners. In a progressive tax system, the applicable tax rates are based on income level. The higher the income, the higher the tax rate.
Low-income earners will be taxed at a lower rate, hence only a small proposition will be used for taxes. High-income earners will be taxed using a higher tax rate, meaning a bigger proposition of their income will be spent on taxes.
Some countries use market-based systems to help control access to fisheries. One such program is the
Answer:
individual transfer rights system.
Explanation:
Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
Learn more about circular flow of goods here:
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what is barry’s and melissas gross earnings ?
Answer:
Barry earns $315.00
Melisa earns $120.00
Explanation:
Barry earns $9 per hour.
He works for 35 hours this week.
Gross income will be
=number of hours worked x hourly pay
=35 x $9
=$315
Barry earns $315
Melisa earns a 5% on sales
Sales for last week were $2400
Her earnings will be
=5% of $2400
=5/100 x 2400
=0.05 x 2400
=$120.00
Melisa earns $120.00
Kimberly is responsible, worthy of trust, and consistent in her performance at work. Her employers know that they can count on her. Kimberly demonstrates _____.
initiative
dependability
time management
conflict resolution
Answer:
dependability
Explanation:
When others can rely on you, it shows you are dependable. Dependability is a state where others trust a particular person will deliver. It is convincing others to have full confidence in you and your abilities.
Through previous actions, Kimberly has demonstrated that her employers can rely on her entirely. She has convinced her employers without any doubts that they can depend on her.
How can you avoid spending more than what is in your bank account?
1. Check your bank statement once a month.
2. Ask your financial institution to notify you when you are close to $0 in your account.
3. Keep your own records to compare with your financial institution's records.
4. None of the above
How can you use these questions to help you better develop your own leadership skills? Explain
Answer:
I can use these questions to help me better develop my own leadership skills by setting long-term goals. I think goals could really help in the future and if we complete them, that is even better. By setting long-term goals, you can prepare and plan for the future.
Explanation:
Hope this helps.
Who might request your credit report besides you? Why?
Answer: See explanation
Explanation:
Credit report and history are used to know ones creditworthiness. Apart from the individual who owns the account, it can also be requested by creditors or lenders such as mortgage lenders so that they can know if one is eligible and creditworthy for a loan. Creditors review ones credit report when loans are applied for.
A code of ethics adopted by a company will most likely include all of the following EXCEPT
A high value for which of the following signals that an operations manager is excelling? A. utilization B. net present value C. effective capacity D. efficiency
Answer:
D. efficiency
Explanation:
An operations manager is the professional responsible for managing, controlling and coordinating an organization's production.
So a sign of high value that attests that the operations manager is standing out is efficiency, which is the manager's ability to perform his competencies using resources correctly, at the lowest price and time, in the highest quality, avoiding waste, monitoring and controlling work and always seeking to manage organizational production in order to correct errors, encourage successes and promote continuous improvement in processes.
According to the American Management Association (AMA) and Human Resource Institute (HRI), what is the number one cause of unethical business conduct
Answer:
Pressure of meeting a deadline
Explanation:
According to the American Management Association (AMA) and Human Resource Institute (HRI) survey which included feedback from about 1,121 managers & HR experts from around the world, they discovered that there were a couple of factors that were responsible for unethical business conduct but the main/primary cause they discovered was the pressure of meeting tight deadlines.
If the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the entry to record the write-off against the allowance account results in: Group of answer choices
Answer:
d.No effect on the expenses of the current period.
Explanation:
In the case when the credit balance of the allowance for doubtful debt more than the bad debt amount i.e. written off
So the entry for writing off against the allowance would result in no effect on the expense for the present period
As the bad debt expense is debited and the allowance for doubtful debt would be credited therefore the option d is correct
______art and inventions like paper still influence the world today
Answer:
Han Dynasty
Explanation:
Han Dynasty art is an art that originated from China.
Han Dynasty art refers to a type of artwork that comprises of lacquerware productions, paintings on paper, jade carving, calligraphy, and silk weaving using materials such as stones, glazed and unglazed ceramics, bronze, wood, jade, etc. to create beautiful art piece.
Han Dynasty art and inventions like paper still influence the world today because they are widely accepted and beautiful.
A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?
external
economic
governmental
internal
Answer:
Internal
Explanation:
The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.
why storage forms a key aspect in fruit farming ?
Answer:
The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.
Michael Bronner made a killing in the direct marketing business as the cofounder and CEO of Bronner Slosberg Humphrey, a wildly successful direct-marketing firm. His newest venture, Upromise Inc., enlists some of America's largest corporations to help families pay for college and is extremely successful. The 40-year-old Bronner will more than likely start at least one more new company before he retires because Bonner is a(n):
Answer: Multipreneur
Explanation:
Multipreneur are entrepreneurs with more than one business or businesses they are handling within the same period of time. Micheal Bronner is more likely to start another company same as the others he has started and ran successfully based on he is a Multipreneur.
Seedstock producers are cow/calf producers who produce _________ for purebred or commercial operations.
Answer:
Breeding stock.
Explanation:
Seedstock producers are cow/calf producers who produce breeding stock for purebred or commercial operations.
This ultimately implies that, seedstock producers are individuals who are saddled with the responsibility producing cow/calf by making the breeding stock available for other livestock farmers. Thus, the breeding stock are the primary calves that are used for producing cattles in large quantities.
Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate
Answer:
people simply quit looking for jobs.
Explanation:
In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.
If real GDP is $150 billion, full employment GDP is $600 billion, and the marginal propensity to consume is 0.8, then Congress should
Answer:
increase government spending by $90 billion
Explanation:
in order to reach full employment GDP level, the government should increase its spending by $90 billion. Total GDP increase = increase in government spending / government multiplier = $90 billion / (1 - 0.8) = $90 billion / 5 = $450 billion.
GDP will increase from $150 billion + $450 billion = $600 billion
Which of the following represents major standards for ethical behavior?
Answer:
A. integrity, honesty, respect, fairness
Explanation:
Ap-ex
A busy food pantry works hard each holiday season, but employees are completely exhausted afterwards. In addition, the stock is so low
that they have to close for the following week. What can the organization do to increase sustainability for the next holiday season?
A. increase the number of customers and decrease employees
B.
increase the number of customers and decrease inventory
C.
decrease the number of employees and decrease inventory
D. increase the number of employees and increase inventory
E. decrease the number of employees and increase inventory
Answer:
D. increase the number of employees and increase inventory
Explanation:
In order to increase sustainability for the next holiday season, it would be important to increase employees so that the workers would not be exhausted. Also, they have to increase inventory to have inputs needed to produce outputs needed for sustainability.
If customers are increased and employees are decreased, it would further increase the pressure on workers. Also, the inventory might be inadequate to cater for the needs of customers
Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.
Answer:
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
Explanation:
There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.
The traditional 401k plan is an employer-sponsored retirement scheme. The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.
The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.
Answer:
C. A traditional 401(k) is tax deferred because the income earned isn’t taxed until the money is withdrawn.
Explanation:
PLATO