B) No, insurance must be started and premium payments made before filing claims Why do insurance companies charge more for "high-risk" customers? A) Because they are more likely to file claims, costing the company more money With liability coverage only, what will insurance pay for if you ...
These drugs are chemicals that are produced by companies that are solely in the manufacturing of drugs. Orphan drugs drugs that have been discovered but are not financially viable and therefore have not been "adopted" by any drug company. They may be useful in treating rare disease, or have ...
person who is in charge of a trial in a court and decides how a person who is guilty of a crime should be punished, or who makes decisions on legal matters kidnapper someone who takes a person away illegally by force, usually in order to demand money in exchange for releasing them lawy...
The cost of holding inventory, usually defined as a percentage of the dollar value of inventory per unit of time (generally one year). Carrying cost depends mainly on the cost of capital invested as well as costs of maintaining the inventory such as taxes and insurance, obsolescence, spoilage...
fixed-charge coverage ratio leverage ratio debt-to-equity ratio liquidity ratios ratios that measure the firm's ability to pay bills coming due with its most liquid assets current assets/current liabilities current ratio current assets excluding inventories/ current liabilities quick ratio profitability ...
Indirectly protects the lender, they are usually the beneficiary Also called credit life or mortgage protection insurance They expire at the end of the policy period with no option to renew Convertible Term Most Level and Decreasing Term policies are convertible at any time to Whole Life insurance...
an arrangement where a consumer can charge an item and agree to pay for it within a limited time frame—usually longer than thirty days revolving open end credit what most credit card companies offer. Under this arrangement a consumer has a credit limit (for example $500, $1,000, even $...
these charges are the max amount the insurer will consider eligible for reimbursement under a health insurance plan usual, customary and reasonable charges usual customary and reasonable charges are based primarily on... ave charge within a geographical area the relative value approach is similar to...
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value of all other transactions such as banking, insurance, and shipping Balance of Payments broadest indicator of a country's international trade Bartering usually doesn't involve money Medium of exchange what currency is being used to exchange Anti-dumping-selling below your cost to hurt others ...