Examine the table comparing auto collision insurance
deductibles and premiums for three drivers.
Why does driver 3 most likely pay a higher monthly premium than drivers 1 and 2?
The insurance company views driver 3 as a risk
because of accident history and age.
The insurance company believes that driver 3 is
less likely to pay bills on time.
Driver 3 voluntarily pays a higher premium in order
to have a lower deductible.
Driver 3 voluntarily pays a higher premium to
receive greater coverage.

Answers

Answer 1

Driver 3 most likely pay a higher monthly premium than drivers 1 and 2 because A. The insurance company views driver 3 as a risk

because of accident history and age.

Why will an individual pay a higher premium?

It should be noted that a monthly premium will reflect the added risk of multiple drivers using a vehicle.

Also, teenagers or young people generally pay higher premiums because it's believed that there more prone to accident.

Therefore, driver 3 most likely pay a higher monthly premium than drivers 1 and 2 because the insurance company views driver 3 as a risk

because of accident history and age

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

Answer 2

Answer: A

Explanation:

The insurance company views driver 3 as a risk because of accident history and age.


Related Questions

Describe the role of hotel management in the field of tourism. .​

Answers

Answer:

The management of staff members as well as the planning, marketing, coordinating, and administration of hotel services including food and lodging amenities are within the purview of hotel managers.

when making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will a(n) ___________ account. (enter one word per blank.)

Answers

When making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will be an Expense account.

What are deferral adjustments?

Deferral adjustments are accounting entries that shift some portions of a deferred account into the current period.

These deferral journal entries include:

Revenue entries (recognizing current or earned revenues)Expenses entries (recognizing current or incurred expenses against prepayments).

Thus, when making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will be an Expense account.

Learn more about deferral adjustments at https://brainly.com/question/18365189

#SPJ12

In maslow's hierarchy of needs, which level includes physical safety and security relating to employment?

Answers

In Maslow's hierarchy of needs second tier level includes physical safety and security relating to employment.

What is Maslow's hierarchy of needs?

   Maslow's hierarchy of needs is a psychological theory proposed by Abraham Maslow where he outlined his observations of humans' innate curiosity.

   

   Abraham Maslows hierarchy is a classification system intended to reflect the universal needs of society as its base, then proceeding to more acquired emotions.

    The second tier level includes physical safety and security relating to employment.

Learn more about Maslow's hierarchy of needs at https://brainly.com/question/1785981

#SPJ12

Diamond Line is a distributor of everything a florist needs to create a beautiful arrangement except the flowers. It sells to 10,000 flower and gift shops and 3,000 supermarkets nationwide. Each florist is called on four times a month, and each supermarket is called on twice a month. A sales call to a florist takes one hour, and a sales call to a supermarket takes two hours of selling time. An average salesperson spends 1,000 hours per year making sales calls. Calculate the number of salespeople Diamond Line needs to cover its account base for a year.

Answers

184 salespeople are needed to cover its account base of a year.

What is a sales call?A sales call is, at its most basic, a discussion between a salesman and a potential customer regarding the acquisition of a good or service. These calls, which are typically performed in person or over the video, have a number of different components, including the rep's initial agenda-setting, the product pitch, a demo, prospect objections and the rep's responses, negotiation, and the outlining of the next steps. A sales representative should aim to end each sales contact with a verbal commitment to buy from the prospect.Solution -

Florist = 10,000. Each is called 4 times a month for 1 hour.

Supermarket = 3,000. Each is called 2 times a month for 2 hours.

The average salesperson spends 1,000 hours making sales per year.

The number of salespeople needed will be calculated as follows:

Florist = [tex]4 * 4 * 10,000 = 160,000[/tex]

Supermarket = [tex]2 * 4 * 3,000 = 24,000[/tex]

Florist + supermarket / average time of salesperson

[tex]\frac{160,000+24,000}{1,000} = 184[/tex]

Therefore, 184 salespeople are needed to cover its account base of a year.

Know more about sales call here:

https://brainly.com/question/25586322

#SPJ4

Any model is based on making assumptions because

Answers

Generally, the economic model is based on making assumptions because of an inability to analyze economic issue unless the complexity is reduced and the models have to be simplified to make it useful.

What is an economic model?

This refers to a simplified description of reality that is designed to yield hypotheses about economic behavior that can be tested.

However, this economic model is based on making assumptions because of an inability to analyze economic issue unless the complexity is reduced and the models have to be simplified to make it useful.

Read more about economic model

brainly.com/question/15212618

#SPJ12

Which buyer agreement document provides the greatest advantage for you in your relationship with a potential buyer

Answers

Answer:

the buyer document is a contract documents

The buyer agreement document that provides the greatest advantage for you in your relationship with a potential buyer is a contract.

What is a contract?

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship. It establishes the rights and obligations of each party and provides a framework for resolving disputes. A contract can be written or verbal, but written contracts are generally preferred as they provide clear evidence of the parties' intentions.

If you enter into a contract with your potential buyer, the buyer will have a legal obligation to buy your product or service at a predetermined price and date. So, it guarantees that sale would happen.

Therefore, the buyer agreement document that provides the greatest advantage for you in your relationship with a potential buyer is a contract.

Learn more about contract, here:

https://brainly.com/question/30101936

#SPJ2

Assume that a company buys a new machine for $220,000 that has a useful life of five years and a $20,000 salvage value. The new machine will replace an old machine that can be sold for a salvage value of $10,000. The machine will generate incremental contribution margin of $37,500 per year. The only fixed expense associated with the new machine is its annual depreciation of $40,000 per year. What is the payback period for this investment

Answers

Payback period of investment- In case of capital budgeting, it refers to the amount of time taken place to recover the amount or cost of investment.Initial cost of investment = Amount invested – Value of salvage sold

                                                 = $ 220000 – 10000

                                                 = $ 210,000

Annual Cash inflow = Contribution margin = $ 52500

Payback period = Initial cost of investment /Annual cash inflow

                                     =$210000 / 52500

                                     = 4.0 years

Answer = 4.0 years

Hence, in four years pay back period for this investment will take place

Learn more about this-

https://brainly.com/question/14316388

#SPJ10

The role of the Federal Open Market Committee is to:

Answers

Correct Option B : The role of the Federal Open Market Committee is to appoint the Federal Reserve Board of Governors.

The Open Market Committee (FOMC) is a regulator, but it is only loosely "controlled" by the laws that make it up and by the organizations to which it belongs (the Federal Reserve Board of Governors, and the 12 Federal Reserve District Banks, which are owned in turn by Private Banks).

Learn more about Federal Open Market Committee here :

https://brainly.com/question/13794291

#SPJ10

Answer: D. Set monetary policy for the United States.

Explanation: just did the test :) hope it helps you

What is the corpus callosum?

Answers

The corpus callosum  is the part of the brain that has white matter that helps in  the connection  of the left and the right cerebral parts of the human brain.

What is the role of the corpus callosum?

The role of the Corpus Callosum is to make sure that the right side and the left side of the brain are able to connect.

By the word connect, this would mean that they are able to send messages to each other.

Read more on corpus callosum here: https://brainly.com/question/13094825

#SPJ12

Between 1986 and 2018, the top marginal personal income tax rate was 40 percent or less compared to 70 percent or more prior to 1981. Compared to the earlier time period, in recent years the share of personal income taxes paid by high income taxpayers a. has been virtually unchanged. b. has been lower. c. has been higher. d. increased in the late 1980s, but has been falling ever since.

Answers

When compared to the earlier time period, the share of income paid as taxes by high income earners b. has been lower.

How has the percentage of income tax paid changed?

Before 1981, high earners could pay as much as 70% of their earnings as taxes to the government.

Since 1986 however, high earners have not paid more than 40% of their earnings which shows that they are paying percentages on their income.

Find out more on personal income tax at https://brainly.com/question/16286115.

#SPJ12

Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one. Kaylee chooses a refrigerator with a 12-month, no-interest financing offer. The sales agreement lists the sale price, the amounts and dates of payments, the APR that will apply if Kaylee doesn't pay off the refrigerator in 12 months, and a lot of other information. The law that requires sellers to provide this information to purchasers is

Answers

Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one.  The law that requires sellers to provide this information to purchasers is "The Truth-in-Lending Act". This is further explained below.

What is The Truth-in-Lending Act?

Generally,  In 1968, Congress passed and President Nixon signed the Truth in Lending Act (TILA) to protect customers from dishonest lenders.

In conclusion, Kaylee's fridge has broken down unexpectedly. Being too old and costly to fix, she opts to replace it instead. The "Truth-in-Lending Act" is the piece of legislation that mandates vendors provide this data to buyers.

Read more about The Truth-in-Lending Act

https://brainly.com/question/7696024?referrer=searchResults

#SPJ1

Suppose an economy is at its steady-state equilibrium and there is a permanent reduction in the saving rate of the economy. In this case, as the economy approaches its new steady state, capital per worker will _____ and output per worker will _____.

Answers

In this case, as the economy approaches its new steady-state, capital per worker will increase and output per worker will decrease. This condition is true according to the Solow Growth Model.

What is the Solow Growth Model?

The Solow Growth Model references Long-Run Economic Growth in relation to Savings and Investment.

According to this model, an increase in savings translates to positive economic indicators such as reduced employment and increment in national income.

Learn more about the Solow Growth Model at:
https://brainly.com/question/15099518
#SPJ12

beginning inventory plus net purchases is:

Answers

Answer:

merchandise available for sale , also known as cost of goods available for sale

Explanation:

you can use this formula to understand better :

Cost of Goods Available for sale = Opening Saleable Inventory + Finished Goods Produced during the period + Any Merchandise Acquired during the period.

Hope this helps...

Beginning inventory plus net purchases provides the available inventory for sale or also known as the cost of goods available for sale.

If the cost of goods available for sale is deducted from closing inventory then it will provide the cost of goods sold during the period.

Inventory is the current asset for a company


What is Inventory?

Inventory is the sum of products that are manufactured by an organization to be sold to consumer at a market price.

#SPJ12

Learn more about Inventory at https://brainly.com/question/27908790

In early April, an investor buys 1 XYZ Oct 60 call for $9 and sells 1 XYZ Jul 70 call for $4. If the investor buys back the Jul call for $1 and sells the Oct call for $12, what will the pretax profit or loss be?

Answers

Answer:

$600 profit

Explanation:

bought Oct Call at $9 and sold at $12 = $3 profit
sold Jul Call at $4 and bought back at $1 = $3 profit
total profit $6 per option x 100 shares = $600

Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comments while tammie was speaking. this behavior is known as ______ and can be a serious barrier to effective communication.

Answers

The behavior of Tammie when he was talking to employees and  one individual kept interjecting comments  is known as interruption and can be a serious barrier to effective communication.

What is an effective communication?

An effective communication is one whereby the speaker as well as the audience is able to communicate the message in an effective way.

It involves the audience to be able to receive the message the is been pass across without any barrier between the speaker and the audience.

Learn more about communication at: https://brainly.com/question/26152499

#SPJ1

_____ is the most common, real-world method of estimating projects. Group of answer choices Delphi Technique Time Boxing Bottom-Up Estimating Guesstimating Top-Down Estimating

Answers

Bottom-Up Estimating is the most common, real-world method of estimating projects. Option c is correct.

What is the bottom up estimating technique?

This is the  term that is used to refer to the estimation of work by making use of the details that are the possible least.

This method is known to be the most common method that is made use of while going through real world projects.

Read more on the Bottom-Up Estimating here:

https://brainly.com/question/17283932

#SPJ1

In order to successfully carry out an acquisition, the managers at Pink Inc. prepared a list of potential target companies that it could purchase. In the next step, the managers evaluated each prospective company in depth to understand their methods of operations, processes, procedures, strengths, and limitations in order to choose the best target company. This process of evaluating the companies is best known as _________.

Answers

This process of evaluating the companies for acquisition is best known as A. Due diligence.

What is corporate acquisition?

Corporate acquisition refers to the corporate act of taking over another company for business expansion and other strategic intents.

To make a successful acquisition, the acquiring company carries out due diligence by evaluating potential acquisition candidates.

Question Completion with Answer Options:

A. Due diligence

B. Market intelligence

C. Consultation

D. Market evaluation

Thus, this process of evaluating the companies for acquisition is best known as A. Due diligence.

Learn more about due diligence in acquisition at https://brainly.com/question/13806280

#SPJ12

When changes occur because of stock receipts and disbursements, scrap losses, wrong parts and canceled orders, the real-time file capturing these changes is called the Multiple choice question. bill-of-material file. peg record file. inventory transactions file. inventory backlog file.

Answers

Changes in stock receipts and disbursements as well as canceled orders, are captured by the inventory transactions file.

What does the inventory transactions file do?

It is used to record entries that have to do with the inventory of a company such as stock disbursements for sale.

Other entries relating to inventory that it manages include canceled orders and stock receipts when initially purchased or transferred.

Find out more on inventory management at https://brainly.com/question/13439318.

#SPJ12

which of the following items are initially recorded as an expense on the income statement?

Answers

The items that are initially recorded as an expense on the income statement are:

a. Research and development costsb. Advertising costs

What is an Income Statement?

This refers to financial information that stores all the inflows and income that occurred over a period of time.

Hence, we can see that from the complete text, there are lists of items and the Research and development costs and Advertising costs are initially included as expenses in the income statement.

Read more about income statements here:

https://brainly.com/question/24498019

#SPJ11

The marketing concept that states that a business must find out what consumers want and provide it for them is called the:

Answers

The marketing concept that states that a business must find out what consumers want and provide it for them is called the customer orientation.

What is Customer orientation?

Customer orientation can be regarded as the business approach which involves giving attention to customer first by the company.

It  focus on helping customers meet their goals and find out what consumers want and provide it.

learn more about customer orientation at:https://brainly.com/question/24553900

#SPJ12

7. If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income

Answers

Disclaimer

The question is incomplete and hence the correct question is shown below

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales: $20,000    

Variable expenses: $12,000    

Contribution margin: $8,000    

Fixed expenses: $6,000

Net operating income: $2,000  

If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income?

The net operating income is $860

Given the values for sales , variable expenses , contribution margin , fixed expenses and the net operating income

We know that

Sales: ((1150+130)=1180 units) * ($20,000/10)=$20) = $23,600

Variable Expenses: 1180 units * ($12,000/1000)+1) = $13) = $15,340

Contribution Margin (Sales - Variable Expenses): $8,260

Fixed Expense (Variable Expense - Contribution Margin): $7,400

Net Operating Income (Contribution  Margin - Fixed Expense): $860

Learn more about net operating income here

https://brainly.com/question/25895372

#SPJ10

Maricel’s new job with the federal government provides a comfortable and stable income. She would like to buy a new car now that she has a job; however, maricel hesitates to purchase a new car because she is concerned about how poor economic conditions may affect her position in the future. Maricel lacks _______.

Answers

Answer:

Willingness to spend

Maricel now has a new job and has a steady income flow as well. She wants to buy a new car, but is concerned abou how economic conditions may affect her position in the future. Nobody can predict the future, and she has no evidence that there will be poor economic conditions in the future, but is still concerned. This is because she lacks Willingness to Spend.

Under what circumstances does fair use apply

Answers

Answer:

Fair use protects the usage of copywritten content under the condition that the content is criticizing or parodying said content

Explanation:

Which of the following is probably the MOST difficult environmental factor for owners
and managers to forecast, influence, or integrate into business plans?

Answers

Social change is a difficult environmental factor for owners and managers to forecast, influence, or integrate into business plans.

What is social change?

Social change is one the external factors that affect market.

It makes it difficult for the marketing management and staffs to make decisions and plans regarding market.

Therefore, Social change difficult environmental factor for ownersand managers to forecast, influence, or integrate into business plans.

Learn more on managers below

https://brainly.com/question/4765696

#SPJ1

Which firm is most likely to be a natural monopoly?

Answers

A pharmaceutical industry is most likely to be a natural monopoly

What are natural Monopoly?

A natural monopoly is a type of market that is established on a large scale basis.

It is mostly managed by an individual because of the running cost and the industry will supply goods related to them.

Therefore, A pharmaceutical industry is most likely to be a natural monopoly

Learn more on monopoly below,

https://brainly.com/question/14001668

#SPJ12

Jasmine's General Store advertises cans of X-brand tomatoes for $.33 per can, although she does not have any in stock. When customers arrive to buy the tomatoes, Jasmine tells them that her stock of tomatoes has been sold and that she cannot get more at the lower price. She tells customers she has Y-brand tomatoes in stock for $.55 per can and that the Y-brand tomatoes are far superior to the X-brand. Jasmine is:

Answers

In this scenario, where the store advertises cans of X-brand tomatoes but sells Y-brand tomatoes instead at a higher price, Jasmine is a. engaging in bait-and-switch advertising.

What is bait-and-switch advertising?

Bait-and-switch advertising is a sales fraud that involves luring customers in with false claims about product quality and price when it is not available.

During the process, the customer is usually offered another product that may have a higher price than the one originally advertised.

Question Completion with Answer Options:

a. engaging in bait-and-switch advertising.

b. violating regulation Z.

c. employing good business tactics.

d. engaging in counter-advertising.

Thus, Jasmine is a. engaging in bait-and-switch advertising.

Learn more about getting information about sales frauds at https://brainly.com/question/3422329

#SPJ12

Which of the following is a reason the government can’t completely control the business cycle

Answers

The basic reason is the government can’t control interest rates is the business cycle. Changes in interest rates should be reflected in the business cycle.

What is business cycle?

The term "business cycle" is used by economists to describe the increase and decrease in economic activity over time.

The interest rate cycle is closely related to the business, trade, and economic cycles. Theoretically, changes in interest rates should be reflected in the economic cycle. But the government can’t completely control interest rates.

Governments attempt to control business cycles through spending, tax increases or decreases, and interest rate changes. In order to stifle inflation and slow down the economy, the government will raise interest rates.

As a result, option (b) the government can't control interest rates is correct.

Learn more about on business cycle, here:

https://brainly.com/question/4511868

#SPJ1

________ occurs when an agency, rather than acting in the public interest, becomes too favorable toward the organized interests or corporations it is supposed to be regulating.

Answers

When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.

What is regulatory capture?

In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.

When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.

Find out more on regulatory capture at https://brainly.com/question/16180695.

#SPJ12

In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate __________ and output ___________

Answers

In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.

What Is the IS-LM Model?

The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.

It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.

Your question is incomplete, but most probably your full question was:

In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.

rises; fallsrises; risesfalls; risesfalls; falls

Hence, the appropriate alternative is rises; rises.

Learn more about IS-LM Model on:

brainly.com/question/15310574

#SPJ4

what type of transaction is recorded when a customer pays via a payment link?

Answers

The type of transaction that is recorded when a customer pays via a payment link is:

Sales Receipt

What is a Sales Receipt?

A sales receipt is a confirmation of payment. After a given amount is deposited for a good or service, the system automatically generates a confirmation of the transaction. This is called a sales receipt.

The sales receipt can be screenshot as proof of payment.

Learn more about sales receipts here:

https://brainly.com/question/15970399

#SPJ11

Other Questions
quadrilateral ABCD is similar to quadrilateral EFGH find the measure of side EF round your answer to the nearest tenth if necessary When does if(x!=y) execute?A. when x doesn't equal yB. when x does equal yC. when x is greater than y Please help asap! giving brainliest to correct answer!! which pair of compounds has the same empirical formula? (5 points) select one: a. c3h8 and c3h b. c2h2 and c2h c. c4h10 and c6h d. c4h10 and c2h5 The angle of depression from the hot-airballoon to the car is 32How high is the hot-air balloon flying?Give your answer to 2 s.f.6600 feetNot drawn accurately PLEASEEE HELPPP ITS A UNIT TEST REVIEW !!!!! Read the excerpt from "Address to the United NationsFourth World Conference on Women" by HillaryClintonAt this very moment, as we sit here, women around theworld are giving birth, raising children, cooking meals,washing clothes, cleaning houses, planting crops,working on assembly lines, running companies, andrunning countries. Women also are dying fromdiseases that should have been prevented or treated.They are watching their children succumb tomalnutrition caused by poverty and economicdeprivation. They are being denied the right to go toschool by their own fathers and brothers. They arebeing forced into prostitution, and they are being barredfrom the bank lending offices and banned from theballot box.Mark this and returnWhich statement best explains Clinton's use ofparallelism?OIt highlights the many possibilities women havewhen they learn from other women.O It emphasizes how conditions are changing forwomen in different professionsIt contrasts the great achievements of women withthe continued threats to women.OIt illustrates how economic situations are the mostimportant issue facing women.Save and ExitNextSubmit make a 2 column proofplease make it simple like JK is parallel to NM(given)i will also give brainliest Prove triangle ABC is congruent to triangle DEC. What is the value of x in the equation 1/5 x-2/3y = 30, when y = 15? Oil inc. and petro corporation form a joint venture to design and test petroleum storage facilities and equipment. when a dispute arises, oil files a suit against petro. the court is most likely to apply the same principles to this joint venture as it applies to group of answer choices limited liability companies. corporations. sole proprietorships. partnerships. Kiesha was up for a promotion at work but didn't get it. She believes her coworker Mark got the job because of his gender. Because Kiesha believes she was treated unfairly, her bloodstream likely contains high levels of Help please help! Need help Preform the indicated operation.(2x+y)(3 x + y) Dihybrid crosses??? pls tell this answers Read the sentence. it always makes some students uncomfortable. which revision best establishes clarity? taking tests makes us uncomfortable. it always makes some students uncomfortable taking tests. it always makes some students, taking tests, uncomfortable. taking tests always makes some students uncomfortable. A breastfeeding mother is worried that her baby will develop food allergies if she eats peanuts or tree nuts before breastfeeding. Food allergies do not develop after breastfeeding, but they do develop if the infant is formula fed. Current evidence regarding breastfeeding and food allergies states that Si en un autobs hay disponibles solo tres asientos y siete personas estn de pie De cuntas maneras distintas podran ocupar esos asientos? Simplify24xy6xfor all x = 0. Camacho is buying a monster truck. The price of the truck is x dollars, and he also has to pay a 13%, percent monster truck tax. Which of the following expressions could represent how much Camacho pays in total for the truck? which statement about hormone replacement therapy is true?