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Author Question: Tony has an unendorsed Personal Auto Policy which provides medical payments coverage. Under which of ... (Read 91 times)

CharlieWard

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on: Jul 11, 2018
Tony has an unendorsed Personal Auto Policy which provides medical payments coverage. Under which of the following circumstances would the injured person be eligible for benefits under Tony's policy?
 
  I. A friend in the car is injured while Tony is driving a covered auto.
  II. A passenger on a motorcycle driven by Tony is injured when Tony hit another vehicle.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Suppose a corporation can change its depreciation method so that its tax payments will decrease by
  5,000 this year but increase by 5,000 next year.
 
  A) The change will have no impact on the value of the company because its cash flow over time
  will be the same.
  B) The change will increase the value of the company because the value of the cash savings this
  year exceeds the cost of the cash payments next year.
  C) The change will decrease the value of the company because lower tax payments this year
  result from lower reported income.
  D) The change will decrease the value of the company because investors don't like changes in
  accounting methods.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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krakiolit

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CharlieWard

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

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  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

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