The differences between uninsurable and insurable risks

Answers

Answer 1
Answer: Uninsurable risk is one where the insurance company cannot calculate the probability of the risk occurring which can happen due to numerous reasons. An insurable risk is one where the calculations can be made and the premium that gets paid is determined.
Answer 2
Answer: Difference between uninsurable and insurable risks

Answer: The difference is the following: a risk is uninsurable when the insurance company cannot calculate the probability of the risk. On the other hand a risk is insurable if the insurance company has enough statistics to work out the probability of the risk.

I hope it helps, Regards.

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A product that has few substitutes tends to be:a. elastic c. unit elastic b. inelastic d. a complimentary good
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Jay Bhattacharya and M. Kate Bundorf of Stanford University have found evidence that people who are obese and work for firms that have​ employer-provided health insurance receive lower wages than people working at those firms who are not obese. At firms that do not provide health​ insurance, obese workers do not receive lower wages than workers who are not obese.​Source: Jay Bhattacharya and M. Kate​ Bundorf, "The Incidence of the Health Care Costs of​ Obesity," Journal of Health Economics​, Vol.​ 28, No.​ 3, May​ 2009, pp.​ 649-58.Firms that provide workers with health insurance may pay a lower wage to obese workers than to workers who are not obese because the former tend to be less healthy and consequentlyA. more costly to insure and therefore employ due to their higher claim submission rate.B. experience higher rates of absenteeism and early retirement.C. less productive at work.D.all of the above.E. A and B only.
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A fico score represents all of the following except: (1 point)the amount of money in your retirement account. income to debt ratio. creditworthiness. length of credit history.

Recommend ways in which businesses can contribute time and effort to advance the well being of others in a business context in the following aspects:<br />*improving the general quality of life<br />
*refraining from engaging in harmful practices<br />
*making ethically correct business decisions<br />
*providing support to employees.will you pleas explain the four examples

Answers

1.       Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.

2.       Basing on the example above, it does not engage into any harmful practice.

3.       Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

4.       It provides support to the employee because they can interact with the gym users and can use the gym too

ou have just received seed money for a new e-commerce business and you want to hire a dozen people with a lot of creative potential. To hire the most creative people, you would select applicants who: select one:a. Have no experience in this industry, have high analytic intelligence, and have a relatively low need for achievement.b. Has above-average intelligence, is persistent, has subject-matter expertise, and an inventive thinking style.

Answers

Answer:

I  have just received seed money for a new e-commerce business and you want to hire a dozen people with a lot of creative potential. To hire the most creative people, you would select applicants who:

Has above-average intelligence, is persistent, has subject-matter expertise, and an inventive thinking style.

Explanation:

Starting a new e-commerce business required the need for hire experienced personnel with creative thinking style in order to spur the business to the peak inline with vision and mission set for such businesses

Which is a power enjoyed by a stockholder?

Answers

The ability to hold some stock cuz

Randy works 50 weeks a year, averaging $500 a week in wages. He is offered a salaried position at $27,500 a year. If he accepts it, he will make ______

Answers

$2,500 more than before

2,500 would be the answer hope this helps


What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products?a. Sales promotions
b. Market research
c. Direct marketing
d. Public relations

Answers

Collection of direct, non-advertising messages a company presents to the public about itself, its brand , and its products is called PUBLIC RELATIONS

The main purpose of a public relations is to spread information from internal source (the company) to external sources , (including consumers, Government, or even business rivals)

Answer:

D. Public Relations

Which accounts have a normal credit balance? choose all answers that are correctA) Supplies
B) Accounts Payable
C) Cash
D) Insurance
E) Capital
F) Sales

Answers

Final answer:

Accounts Payable, Insurance, and Capital have normal credit balances.

Explanation:

The accounts that have a normal credit balance are Accounts Payable, Insurance, and Capital.

Accounts Payable is a liability account that represents amounts owed to suppliers or vendors. Insurance is an expense account that records the cost of insurance coverage. Capital is an equity account that represents the owner's investment in the business.

On the other hand, Supplies, Cash, and Sales have normal debit balances. Supplies is an asset account, Cash is also an asset account, and Sales is a revenue account.

Learn more about Normal credit balance here:

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