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Martha rents an apartment and is the named insured under a Homeowners 4 policy (contents broad form) with a liability limit of $100,000 per occurrence and $1000 medical payments. For each of the following situations, indicate to what extent, if any, the loss is covered under Section II of Martha's homeowners policy. Assume there are no special endorsements, and each situation is an independent event.
a. Martha attends a party at a friend's house. She accidentally burns a hole in a couch with her cigarette. It will cost $500 to repair the damaged couch.
b. Martha rents a snowmobile at a ski resort and accidentally collides with a skier. Martha is sued for $200,000 by the injured skier.
your company a leading farm equipment manufacturing multinational has a production facility in south korea to serve the
Assuming the straight-line method of depreciation, what is the annual depreciation for the second year if .5 million units were produced?
How does our understanding of the theory base of Financial Planning Law assist in the effective drafting of laws to protect investors from this kind of behavior?
what are the five steps required for effective product positioning? give an example of a product-positioning matrix for
Assuming the spot rate equals $1.298 three months from today, would entering into the forward contract have been a good idea in this case? Explain your answer.
One of the first steps in making entrepreneurial business opportunities a reality is deciding what form the business will take. Write a 700-word paper on the various forms of business organization.
the wacc is a weighted average of the costs of debt preferred stock and common equity. would the wacc be different if
Both systems are to be depreciated straight-line to zero over their lives and will have zero salvage value. Whichever system is chosen, it will not be replaced when it wears out. The tax rate is 35 percent and the discount rate is 10 percent.
Un productor de camisas norteamericano quiere vender su mercadería en el mercado latinoamericano. Para ello dispone de un capital de US$ 1 millón. El inversionista sabe que siempre que abre una tienda tiene una rentabilidad de 500% en un año si las c..
When we look at the business world there are many things that require us to keep financial records and statements that provide an indication on how the business or organization is functioning through changing economic times.
Under current law, if your capital losses exceed your capital gains, you can deduct as much as $3,000 of losses against other forms of income. In the wake of massive declines in the stock market, in 2009 Senator Orrin Hatch suggested that figure be i..
six months from today you plan to borrow 433 million for 6 months at libor. you hedge your interest rate risk with a
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