Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Which insurance could protect
it from this risk?
A. business interruption insurance
B. property insurance
C. workers' compensation insurance
D. general liability insurance

Answers

Answer 1

Answer:

A. Business interruption insurance

Explanation:

Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.

Answer 2

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk. The correct option is (A).

What do you mean by the Business interruption insurance?

Business income lost due to a calamity is replaced by business interruption insurance. The occurrence might be something like a fire or a natural disaster.

Business interruption insurance is a type of insurance that pays out in the event that a company is forced to close down due to a direct physical loss or damage, as that which might result from a fire or a natural disaster.

Additionally, the running costs, a shift to a temporary location if necessary, payroll, taxes, and loan payments are all covered by this kind of insurance.

Therefore, Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk.

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Related Questions

business was defined as the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. In what ways is Warby Parker satisfying the needs of its customers

Answers

Answer:

The explanation according to the given circumstance is described below throughout the explanation section.

Explanation:

Warby Parker announces a brand new approach for purchasing glasses: the opportunity to get elevated accessories shipped to the door at quite a cheap price.Individuals post five major social media framework choices to inspire clients and receive supportive input from their loved ones.A new sales moment in time structure was perhaps the most critical aspect of developing consumer engagement.

Can u help me plzzzzzzz​

Answers

Answer:

warm up

an advert in a prime time TV show :a mass market

an advert in a local newspaper :a market in particular location

an advert in a magazine for teenagers : a market of particular age

Explanation:

one region why company will match the branding of a new product to the company's overall brand image is;market

by the help of this company can attract customers for their product.company gain a profit as it helps to get market which makes company belief towards the satisfaction.

What is the difference between traditional manufacturing and a cottage
industry?
A. Manufacturing is done on a lower scale.
B. Manufactured products are better quality.
C. Manufactured items are worth more.
D. Manufacturing is done on a larger scale.
SUBMIT

Answers

Answer:

its a D

Explanation:

The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.

What is cottage industry?

A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.

They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.

Therefore, we can conclude that option D is correct.

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Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)

Answers

Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie

mention two ways of using money wisely​

Answers

Investing in stock is a wise use of your money please mark brainliest
SPENDING: rather than spending earned money as soon as you get your paycheck, save it so you can get something bigger you'll actually need; rather than a bunch of $5 knickknacks

PROFIT: typically, people buy something cheaper. Sell your items for less. For example, Jack sells lemonade for $10, and Ash sells for $9. Since they are selling the exact same thing, more people will go to Ash, therefore making them more money. If there are only 2 people willing to spend $10 for a cup of lemonade, Jack will make $20. If 3 people choose Ash, Ash will make $27.

please mark Brainliest <3

A single team member can affect the morale of the whole team.

True
False

Answers

I think it’s True. I hope it helps.

How do credit card companies use a person's credit report?

A.) To determine if that person should be given a loan or credit card

B.) To calculate how much interest the person is owed on their account

C.) To help them figure out ways to pay off their outstanding debt

D.) To figure out if that person has been using a budget​

Answers

Answer:

The answer is the letter A

Answer:

A

Explanation:

The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above

Answers

It is the 1) profit motive that encourages entrepreneurs to start businesses, expand old businesses, create new or improve products and production processes for efficient use of resources.

What is the profit motive?

The profit motive describes the economic incentive that drives the activities and decisions of entrepreneurs.

Thus, it is not price that motivates entrepreneurs but profit.

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