0
Rate this Study Guide:
☆☆☆☆☆The term "Liability" means anything you are libal for. The best way to put it is the liability section of an insurance policy covers other people's bodies and stuff, in the event you harm either of those things.
The medical and car repair bills for anyone else involved in an accident you caused
The "deductible" is the dollar amount of health care costs that must be borne by the insured individual before the insurance coverage takes effect. Once the insured patient has paid that dollar amount, further costs will be borne by the insurance carrier.
These out-of-pocket costs may be set on both a per-event and a yearly basis.
Fixed expenses pay for necessities like rent and utility bills.
Credit unions are nonprofit financial institutions.
Technically, you're answer is incorrect. Credit unions are not-for-profit, member owned, financial cooperatives. They are NOT the Salvation Army, the Red Cross, or Goodwill, which are nonprofit organizations. Credit Unions must earn money to cover overhead & operations, provide returns to their members and build capital. Since they are cooperatives, they issue no stock (which banks do to raise capital to expand branchs and offer additional services) and the only way credit unions can build capital is through earnings.
Student loans aren't secured by collateral.
The reduction in the car's value while they're driving it
The monthly payment on a fixed-rate mortgage never changes.
Government mortgages charge lower interest rates than conventional mortgages.
Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.
To make decisions that maximize benefits.
Rational and Subjective.
Objective and systematic
pleasure (benefit) and pain (cost)
calculating and coherent
Rational and structured =making a list of costs and benefits
By investigating and exposing bad products and business practices
His or her unique values and beliefs
personal opinion
They are left on the margins of globalization.
The car can always be repossessed if the owner stops paying off the loan.
The World Bank loans developing countries money in order to improve conditions in the country. It can be used for various purposes, including education, job development, and infrastructure.
purpose of production budget
To get the government to pass new laws
discretionary spending
you will need a credit card if your not working because you have no money so you use a credit card to borrow money from the bank.The disadvy :(antage of that is that later you have to pay :(
No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.
when will a cost benefit analysis be done
savings account earns interest.
