Question: 14. A DRIVER ACCIDENTALLY BUMPED INTO A PARKED CAR. HE CAUSED $5,400 IN DAMAGES TO THE CAR AND HIS PASSENGER NEEDED MEDICAL TREATMENT THAT COST

14. A DRIVER ACCIDENTALLY BUMPED INTO A PARKED CAR. HE CAUSED $5,400 IN DAMAGES TO THE CAR AND HIS PASSENGER NEEDED MEDICAL TREATMENT THAT COST \$2,940. HE HAS 250/50 LIABILITY LIMITS, $3000 MEDICAL EXPENSES AND PROPERTY DAMGE OF $10,000. FIND THE AMOUNT PAID BY THE INSURANCE COMPANY FOR THE DAMAGES TO THE CAR AND FOR MEDICAL EXPENSES. (6 POINTS)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Hey! So excited to have you on the team! I heard you were helping one of our coworkers with their data analysis. I was wondering if you could also help me . I can't remember the difference between...

A DRIVER ACCIDENTALLY BUMPED INTO A PARKED CAR. HE CAUSED $5,400 IN DAMAGES TO THE CAR AND HIS PASSENGER NEEDED MEDICAL TREATMENT THAT COST $2,940. HE HAS 250/50 LIABILITY LIMITS, $3000 MEDICAL...

A driver accidentally bumped into a parked car. He caused $6400 in damages to the car and his passenger needed medical treatment that cost $970. He has 20/50 liability limits, $4000 medical expense,...

help please Find the assessed value of a property with the following conditions. Fair Market Value $412,700 Rate of Assesment 35% What is the assessed value? Find the assessed valuation for a piece...

Adriver accidentally bumped into a parked car. He caused $4100 in damages to the car and his passenger needed medical treatment that cost $860. He has 30/60 lability limits, 51000 medical expense,...

Part III: Case Application and Written Answers (9 marks) (ILO's: A1, B1, C1, C2, D4) The following is an extract from a Home Insurance Policy. We "the insurer" will provide cover for loss or damage...

insurance 240 king saud uni ( ksu ) just the T or F questions CH 15 Health Care and Individual Health Insurance QUESTION one ( Multiple choice) 1- Hospital expense coverage is written a) Only on an...

What defense might be raised in this case? Explain. Should that defense be successful? Explain. SeeNalwa v. Cedar Fair, 55 Cal. 4Th 1148. On July 5, 2005, Dr. Smriti Nalwa took her nine-year-old son...

Torts Law 1. (1) What are the key principals of a defamation lawsuit by a public figure and why it is more difficult to succeed? (2) What are the key differences between trespass to chattel and...

1. List and define the four type of damages, which are usually determined by the jury 2. Terry O'Rourke, a 25-year old patient of Dr. Williams, refuses to take her medication to control diabetes and...

UMUC - The Undergraduate School Business and Professional Programs BMGT 380 - Final Exam - Fall 2017 GOOD LUCK!! Exam Instructions: Open book exam: may use textbook, class notes/lectures, class...

Explain the difference between marketing research and a DSS.

Project Content INCOME TAX RETURN PROBLEM Jacqueline Lutz, SS # 079-83-1982, date of birth June 18, 1972, is a self-employed mergers & acquisitions consultant. She uses the accrual method of...

The compiler will recognize syntax errors in a comment. True False

10) For a bond that pays cash interest (i.e., not a zero coupon bond), YTM is (a) always equal to the coupon rate (b) always equal to the current yield (c) is always less than the coupon rate (d) can...

Billy Davis has applied for a $9,000 loan to buy a pre-owned automobile. As credit manager of A-1 Finance Corporation, you learn during a credit check that Billy is behind on payments for debts on...

Why is analyzing your receiver important when planning a persuasive message? (Objective 2)

For the past year, the local city bus company stopped twice daily at the main entry of Super Mega Shopping Mart for passengers to exit or enter the bus.With the heavy traffic near this entrance, the...