Why can the insurance company make that offer

Assignment Help Basic Computer Science

Reference no: EM131382445

Fire insurance. Insurance companies collect annual payments from homeowners in exchange for paying to rebuild houses that burn down.

a) Why should you be reluctant to accept a $300 payment from your neighbor to replace his house should it burn down during the coming year?

b) Why can the insurance company make that offer?

Reference no: EM131382445

Questions Cloud

State court appellate-federal court appellate system : Analyze the key differences between the state court appellate system and the federal court appellate system.

What is the purpose of having appellate courts : What is the purpose of having appellate courts? Why is their function needed?

Define the concept of globalization of health care : Define Globalization. Pick one culture and discuss TWO ways that this culture has been influenced by another . Has this change been positive or negative or both? Please discuss. Choose TWO things that we, as American have acquired from England.

Workers compensation board : List and describe the actions that a workers' compensation board may take when it has appellate authority.

Why can the insurance company make that offer : Why should you be reluctant to accept a $300 payment from your neighbor to replace his house should it burn down during the coming year?

Which is false regarding rights of an assignee and assignor : Which of the following is FALSE regarding rights of an assignee and assignor? Which of the following occurs when a party unjustifiably fails to substantially perform his or her obligations under the contract?

Why did the company issue a press release : Why did the company issue a press release? Wouldn't most businesses want to keep such a huge loss quiet?

Keys to effective portfolio management : 1) The three keys to effective portfolio management are having project leaders with full authority, having a competitive product advantage, and leveraging core competencies.

What is the purpose of the story as you perceive it : In this module, you will have an opportunity to add to your media and crime log by applying theories presented in this course to media portrayals of crime. The American public is fascinated with crime and therefore, there is no shortage of media d..

User Account

All Pages