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vlada-n [284]
2 years ago
8

Claimant A has bodily injuries in the amount of $49,500; claimant B, $19,500; and claimant C $14,000 arising out of a 4-car acci

dent caused by the insured, whose PAP carries limits of 25/50/10. What will the insurer pay?
Business
1 answer:
Leokris [45]2 years ago
7 0

Answer:

$50,000, because that is the largest amount that the insurance company can cover per accident.

Explanation:

The PAP limit of 25/50/10 means that

  • the maximum payable per injured person is $25,000
  • the maximum payable to all injured people per accident is $50,000
  • the maximum payable for property damage per accident is $10,000

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Answer:

c. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000.

Explanation:

The journal entry is shown below:

Cash $70,000  (5,000 shares × $14)

     To Common stock $50,000  (5,000 shares × $10)

      To Additional Paid in capital in excess of par value - Common stock   $20,000  (5,000 shares × $4)

(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased assets and at the same time it also increased the overall stockholder equity so common stock and the additional paid in capital for common stock is credited

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2 years ago
Imagine you are experiencing a major conflict in your place of work. The team with which you are working at the time has split i
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Answer:

Compromising and collaborating are the strategies that should be used.

Explanation:

Collaboration can be understood as the procedure of two and more individuals entities, or organisations cooperating to complete a task or achieve an objective.  

Cooperation and collaboration are two terms that are often used interchangeably. Most collaborations necessitate leadership, albeit it might take the character of social governance within a decentralized and democratic organisation.

To compromise would be to reach an agreement between two or more parties in which each party relinquishes a portion of its claim. Compromise is the idea of reaching an arrangement through negotiation in a disagreement.

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2 years ago
In a college-level course, Mrs. Smith gives the lectures, sets the due dates, and is the expert on the material. Mr. Doe helps g
andre [41]

The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.

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Which of the following statements is true of agglomeration? Agglomeration creates a demand that forces a skilled labor force to
Dvinal [7]

Answer:

The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.

Explanation:

In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.

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For the year ended December 31, year 3, Colt Corp. has a loss carryforward of $180,000 available to offset future taxable income
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