This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about self-insurance is (are) true? I. It is a form of planned ... (Read 117 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
on: Jul 11, 2018
Which of the following statements about self-insurance is (are) true? I. It is a form of planned retention. II. State law usually prohibits its use for workers compensation.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

A restaurant owner leased a meeting room at the restaurant to a second party.
 
  The lease specified that the second party, not the restaurant owner, would be responsible for any liability arising out of the use of the meeting room, and that the restaurant owner would be held harmless for any damages. The restaurant owner's use of the hold-harmless agreement in the lease is an example of
  A) retention.
  B) self-insurance.
  C) insurance.
  D) noninsurance transfer.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D


fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jul 11, 2018
:D TYSM

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

The form and orientation of desert plants reduces heat gain from the environment and facilitates coo The form and orientation of desert plants reduces heat gain from the environment and facilitates coo
Responses to Viewing Form from Motion Responses to Viewing Form from Motion
A release form for medical records. A release form for medical records.
Bank reconciliation form. Bank reconciliation form.
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Ferns disperse by releasing spores that form on the underside of leaves. Ferns disperse by releasing spores that form on the underside of leaves.
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library