You had several of your son's friends over last night for a sleepover. While dropping off their child, one of the parents did not see your basketball hoop and smashed it beyond repair with her car. Where would you look for damage payment?
A) The driver's homeowner's insurance
B) Section II of the driver's homeowner's insurance
C) The driver's automobile liability coverage
D) The driver's automobile comprehensive insurance
E) The driver's automobile collision insurance
Answer: C
You might also like to view...
Which of the following is not an internal control procedure?
a. authorization b. management's operating style c. independent verification d. accounting records
Riley Industries is considering an investment that will require an initial cash outlay of $200,000 to purchase non-depreciable assets. The project promises to return $60,000 per year (after-tax) for eight years with no salvage value. The company's cost
of capital is 11 percent. The company is uncertain about its estimate of the life expectancy of the project. How many years must the project generate the $60,000 per year return for the company to at least be indifferent about its acceptance? (Do not consider the possibility of partial year returns.) Present value tables or a financial calculator are required.
Once the Solver tool is activated, it will appear under the ______ tab in the tool bar.
a. Formulas b. Data c. Developer d. View
Rates for a married taxpayer filing separately are 10% of taxable income up to $8,375 and 15% thereafter up to $34,000 . Rates for a couple filing a joint return are 10% of taxable income up to $16,750 and 15% thereafter up to $68,000 . Patrick and Kelly O'Day are figuring their tax both ways for comparison before deciding which way to file. Patrick earned $15,00 . and Kelly earned $35,000 . The
standard deduction for a married couple filing jointly is $11,400 . The standard deduction for each married taxpayer filing separately is $5,700 . Exemption for each taxpayer is $3,650. a. Compute the amount of tax the O'Days will owe if they file a joint return. b. Compute the amount of tax the O'Days will owe if they file two separate returns.