BUSINESS HIGH SCHOOL

A teenage driver crashes her parents' minivan into an office building, causing $85,000 in damage to the building. The automobile liability insurance limits are 100/250/75. How will the damages be allocated between the driver and the insurance company?

Answers

Answer 1
Answer:

Explanation:

Given that

Damage to the building = $85,000

The insurance limits is

100/25/75 means

$100,000 is the coverage amount for death also

25,000 is the bodily injury per accident

And, the 75,000 is the damage of the property

So the damage allocated between the driver and the insurance company is $10,000 which is a difference amount of

= $85,000 - $10,000

= $75,000

Because maximum amount is $75,000

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Answers

When Subway introduced a new Southwestern club sandwich in South Florida before launching it nationwide, it was engaging in test marketing.

Test marketing is a strategy that companies use to test the effectiveness and appeal of a new product or marketing campaign in a small, specific geographic area before launching it on a larger scale.

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Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement?Sale of Natalie's property
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Answers

The circumstance that would terminate the easement is:

"Revocation of the easement by Donald" (Option C

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An easement refers to a condition in real estate law where a person grants another the right and access to pass through their property.

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An easement is when a person is given rights to use or enter someone else's land. They are not trespassing when they use their land because they are given the right without having possession of the land. Since Natalie was given easement from Donald, to stop Natalie from driving across the land, Revocation of the easement by Donald would need to occur.

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b. Company scope
c. Competitive analysis
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Answers

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Answer:

D

Explanation:

An aging of a company's accounts receivable indicates that estimate of the uncollectible accounts totals $4,455. If Allowance for Doubtful Accounts has a $1,116 credit balance, the adjustment to record the bad debt expense for the period will require a

Answers

Answer: Debit to bad debt expense for $3,339

Explanation:

Given:

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Answers

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Answers

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Answer:

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Explanation: this is correct!
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