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well, i dont think so, but now a days the insurenece company is doing everything that there not supposed to.

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14y ago

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Is car insurance a fixed expense?

In simple terms, yes... Such expenses like dues, loans and insurance are fixed expenses. Variable expenses are those that fluctuate in proportion to supply and demand, hourly production costs, packaging and shipping costs.


Why is a share of Microsoft common stock an asset for its owner and a liability for Microsoft?

On a balance sheet there are three things: Assets, Liabilities, Shareholders Equity. A share of stock is Equity, namely a portion of the company and its earnings not owned by the company, traded for something (most often cash). It is a liability because represents a demand on the company assets. Specifically a share of stock is a demand on the companies assets after all other demands are discharged. total assets - total liabilities = shareholders equity A share of stock repersents a demand for one slice of the equity.


What is net on demand accounts receivable?

Net on-demand accounts receivable refers to the total amount of money that a company expects to collect from its customers for goods or services provided, minus any allowances for doubtful accounts or potential uncollectible amounts. This figure is crucial for understanding a company's liquidity and cash flow, as it represents funds that are readily available to be converted into cash. It typically reflects a company's efficiency in managing credit and collections.


What is demand and time liability of a banking company?

Accounts like Savings,Current Deposits etc are Demand liabilities for the bank through which user can take money at any time . In short User can demand money from bank and bank has to give it . Time liability are account like Fixed deposits etc which bank has to give only after certain period of time .


What is the term for money kept in a checking account?

A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.

Related Questions

The concept of repricing life insurance policy?

Re-pricing focuses on the rate revision, there is no change in existing benefit structure of the product. The rate revision is necessitated due to several reasons. Some of the reasons are as follows ü When the insurance company feels that the product is not sold as expected then the insurance company will revise the rate to sell the product. ü When the insurance company feels that the product does not give profit as expected then the insurance company will revise the rate to earn profit. ü When the insurance company feels that the product has more demand then the insurance company will revise the rate to meet the demand. ü When the insurance regulatory authority asks the insurance company to revise the premium then the insurance company will reduce the rate.


Why do firms experience increasing marginal returns and then diminishing marginal returns?

The short answer would be supply and demand. As demand for the firms increase, they will experience increasing returns. Likewise, as demand decreases, so do their returns.


If never taken to court can the other parties insurance company demand money from you if you are at fault and uninsured?

yes


Can you be charged by your insurance because they paid out too much?

Yes, If your insurance company determines that they overpaid or were overcharged on a claim they can request or even demand repayment.


Do you file a claim with your insurance company if it is your mistake?

yes if you are in an accident and especially if you are at fault of an accident, you must file with your insurance company, so your insurance company can cover your damages and or other vehicle involved or pay subrogation demand once received from other vehicles ins company, if the other vehicle chose to use their coverage.


What are the consequences of negative marginal returns on a company's production process?

Negative marginal returns in a company's production process can lead to decreased efficiency, increased costs, and lower overall profitability. This can result in reduced output, wasted resources, and potential financial losses for the company. It may also impact the company's competitiveness in the market and its ability to meet customer demand.


Can your boyfriends wife demand a DNA on your child They have been separated for a yr not legally nor legally divorced?

Yes your boyfriends wife can demand a D.N.A done on your child. even if you are not legally divorced.


If you have a home loan without mortgage insurance can the lender demand payment from your estate or heirs if you pass away?

Yes. The mortgage note is still a legally binding contract enforceable on the estate.


What are the release dates for Howard Stern on Demand - 2005 David Arquette Returns?

Howard Stern on Demand - 2005 David Arquette Returns was released on: USA: April 2007


What are the release dates for Howard Stern on Demand - 2005 Mark the Bagger Returns?

Howard Stern on Demand - 2005 Mark the Bagger Returns was released on: USA: March 2008


What are the release dates for Howard Stern on Demand - 2005 Mary Carey Returns?

Howard Stern on Demand - 2005 Mary Carey Returns was released on: USA: February 2007


Are insurance agents high in demand?

Yes; the demand for insurance agents is expected to continue to increase in the future, based on the increase in variety of products. In addition, growing population leads to an increase in demand for various types of insurance.