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While The General offers bodily injury and property damage liability coverage to safe drivers, the company mainly caters to risky motorists. It may be a suitable option if you wantauto insurance with bad creditor an outstanding driving record — or, if you need an SR-22. There’s no informat...
we use the fixed effects model to investigate the impact of climate risk on the asset side and liability side of China’s insurance industry. We find the following: First, the rise
and can also define how budget fund allocation is obtained when this is included in your configuration. Invoiced purchase orders will record the liability into the vendor account within accounts payable, from where thevendor paymentcan be processed. ...
This chapter: (i) explains why private-sector Credit Rating Agencies (CRAs) and their ratings opinions are unconstitutional (with emphasis on CRAs that rate corporate, municipal and government financial-instruments); (ii) explains why government bailouts
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4. Parental Liability Parents can be vicariously liable in California for damages caused by their children under the age of 18.Parental liabilityis found under three general circumstances: When the child engages in willful misconduct (regardless of whether the parent knew the child was dangerous), ...
We would argue that this carries a much different risk profile than your "traditional" muni bond—like a city, state, or essential service utility, for example, that relies on relatively stable revenue sources. Although muni defaults historically are rare, when they happen, they've most often ...
that players are risk neutral and perfectly rational, and that all players know about all of these assumptions. Thus, in equilibrium, auditors’ (and clients’) conjectures are fulfilled. We will show that it is always optimal for the client to choose the auditor offering the lowest fees, whi...