What is third party liability? Define and describe the two components of third party liability coverage.
Question:
What is third party liability? Define and describe the two components of third party liability coverage.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
Third party liability is a legal term that describes the persons who have experien...View the full answer
Answered By
Hamza Amjad
Currently I am student in master degree program.from last two year I am tutring in Academy and I tought many O/A level student in home tution.
4.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
With regard to GASB rules for the financial reporting entity, answer the following: a. Define the financial reporting entity. b. Define and give an example of a primary government. c. Define and give...
-
Define annuity. Define and describe the two main types of annuities.
-
Identify and describe the two components of the risk of material misstatement.
-
1. What is the present value (PV") of an offer of $15,000 two years from now if the Opportunity Cost of Capital (OCC) is $12% per annum? 2. What is the PV of an offer to receive $12,000 three years...
-
Find all local extreme values of f(x) = 2x2 ln x - x2 on its domain.
-
Simplify. .V3 logq q
-
Andrew Reitz established a trust in 2000, naming his sons, James and John, as sole beneficiaries and himself as trustee. Upon Andrews death, Hal Rachal Jr., the attorney who drafted the trust, became...
-
The following probabilistic activity time estimates are for the CPM/PERT network in Problem Determine the following: a. Expected activity times b. Earliest start and finish times c. Latest starts and...
-
No Excel solution required Derive a formula that calculates the present value of an annuity that pays $1376 pa quarterly in perpetuity given an annual effective rate of interest of 3.7%. What is the...
-
When solar panels rated at 250 watts of power are manufactured, the power of the panels is not exactly 250 watts, but is Normally distributed with a mean of 250 watts and a standard deviation of 7.5...
-
Define and describe an auto insurance policy.
-
Explain why it is important to have adequate bodily injury liability coverage.
-
Compare the mechanical properties of a steel cable, made by twisting many thin wires together, with the properties of a solid steel rod of the same diameter. What advantages does each have?
-
How does the globalization of social structures, characterized by transnational flows of capital, information, and people, reshape traditional boundaries and configurations of power, culture, and...
-
Jacob and Joria are married and file a joint return. They have the following items for the current year: Salaries $345,000 Loss on sale of 1244 stock acquired 15 years ago 136,000 Gain on sale of ...
-
What Self-direct variable annuity contracts are great for investment-savvy clients for what reason?
-
If the percentage change in net income changes faster than the percentage change in revenues, what is happening in the business?
-
The following data pertain to Dakota Divisions most recent year of operations. Income $ 10,500,000 Sales revenue 130,000,000 Average invested capital 51,000,000 Assume that the companys minimum...
-
Look at Table 10.1 and Figure 10.7 in the text. When were T-bill rates at their highest over the period from 1926 through 2014? Why do you think they were so high during this period? What...
-
Consider the combustion of methanol below. If 64 grams of methanol reacts with 160 grams of oxygen, what is the CHANGE in volume at STP. 2CH3OH(g) + 3O2(g) 2CO2(g) + 4H2O(1) The volume decreases by...
-
1. What are the pros and cons of borrowing on a credit card to pay for the necessary auto repairs? 2. What are the pros and cons of borrowing on home equity to pay for the necessary auto repairs? 3....
-
Explain how credit serves as a. A shopping convenience b. A means to increase total consumption benefits c. A hedge against inflation d. A source of emergency funds
-
Describe the three Cs of credit and why lenders feel they are important in evaluating a loan request. Then list five steps you can take to begin a credit record.
-
How does Ozy media differentiate itself from competitor? or how does it build brand identity?
-
Moe Glee's business acquired a group of assets two years ago to help with expansion plans, but Moe would now like to review the use of some of those assets. Moe's close friend Ana Maui Harry's has...
-
Analyze the centrality of Off Whites' significant collaborations with other luxury and sportswear brands for accruing valuable brand equity.?
Study smarter with the SolutionInn App