This topic contains a solution. Click here to go to the answer

Author Question: Tony has an unendorsed Personal Auto Policy which provides medical payments coverage. Under which of ... (Read 73 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

krakiolit

  • Sr. Member
  • ****
  • Posts: 318
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.
Answer Preview
Only 29% of students answer this correctly




CharlieWard

  • Member
  • Posts: 578
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library