Showplace insures its $160,000 building with two insurers: with Hometown Insurance for $60,000 and with National Insurance for $120,000 . The building suffers a fire loss of $75,000 . From whom and for how much can Showplace collect?
Recovery under property insurance policies typically is limited by "other insurance clauses," which generally require that liability be distributed pro rata among the various insurers. Showplace insured its building for a total of $180,000, and can collect one-third of the loss ($60,000/$180,000) or $25,000 from Hometown Insurance. Two-thirds of the loss, or $50,000 could be recovered from National since coverage with National was two-thirds of the total insurance coverage purchased ($120,000/$180,000).
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Electro, Inc., makes and sells electric bikes, as well as parts and service, to customers in the United States and other countries. Can Electro prevent its employees from revealing its customer lists, pricing policies, and other confidential information, if the employees resign to work for a competitor or to enter the same business themselves? How?
What will be an ideal response?
It is likely that achieving financial goals
A) hinders your effort to achieve non-financial goals. B) helps your effort to achieve non-financial goals. C) is burdensome and lowers the quality of life. D) turns people into cynics.
Which of the following is a means of measuring and feeding back productivity information to personnel with the main goal of motivating employees to higher levels of productivity?
A. Assessment centers B. Multicriteria decision analysis C. Productivity Measurement and Evaluation System D. Projective tests E. Critical incidents
Computer-generated random numbers are normally distributed over the interval from 0 to 1
Indicate whether the statement is true or false