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Bob, the named insured, is an auto mechanic. Bob and his wife, Belle, own and drive a Ford. They have 2 children, Ben and Bill. Ben, age 26, is in the U.S. Army, and comes home to visit about twice a year. Bill is 16, lives at home and has a learner's permit but no permanent drivers license. Ben often rents cars on weekends and drives battle tanks as his assignments. Bob drives the church van to pick-up older members each Sunday. He also test drives vehicles after he has repaired them at his place of employment, Barney's Garage. Bill has been known to lend the family car to his teenage pal, Bubba. Once, Bubba actually lent the auto to his girlfriend, Brenda. Explain why or why not each of the following characters has coverage under Part A of the PAP. Does the PAP provide coverage if a named insured drives a non-owned auto? What is the definition of a "non-owned auto?"
Sarah is age 73 and has a great deal of difficulty living independently, as she suffers from severe arthritis.How much income must Sarah report if she elects the annuity? How much income would Sarah have to report if her nursing home bills amounted..
What is the purpose of an audit in the public sector? Why is public financial management important?
You enter into a forward contract to buy a 10 year, zero-coupon bond that will be issued in one year.The face value of the bond is $1,000 , and the 1 year and 11 year spot interest rates are 4% per annum and 9% per annum,
The corporation you work for will deposit $600 at the end of each month in your retirement fund. Interest is compounded monthly. You plan to retire fifteen years from now and estimate that you will need $2000 each month out of the account for the nex..
Computation of the borrowable amount through debentures and Delaware borrow under a term loan at 13 percent interest without breaching the indenture restriction
AAAU tells Ford that they must fire the "scabs" who were hired during the strike so their union members can have their jobs back. Ford says that they aren't going to fire anyone and they don't have to. Who is right and why?
Bando Corporation has a $300,000 balance in Accounts Receivable and a $4,000 debit balance in Allowance for Doubtful Accounts. Credit sales for the period totaled $1,800,000.
Explain expected gain from the acquisitions and what is the NPV of the acquisition to HC shareholders if it costs an average of $30 per share to acquire all of the outstanding shares
Elucidate how much cash is available also you must meet a payroll of $100,000 in 2 days. Where would you start.
Assume all bonds are $1,000 par value. A person buys a 5 year, $1,000 certificate of deposit which carries the nominal rate of 9%, compounded semiannually. How much difference is there in the total interest paid by the 2 competing investments?
Discuss the components of microeconomics OR macroeconomics, explaining why they are important to financial planners.
Please critique this article by identifying methodology, gap and key findings. Cross-border acquisition abandonment and completion: The effect of institutional differences and organizational learning in the international business service industry
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