Pls help ASAP on both 59 of 90 Which one (1) of the following is a "mortgagor" with respect toinsurance?The named insured.The contractor who completes repairs to an insured property.The finance company to whom money is owed.The person who holds the mortgage. 61 of 90 Which one (1) of the following statements best describes "TheFacility Association"?It is an industry plan designed to guarantee availability of automobile coverage inthe open market.It is an insurance plan designed to guarantee availability of automobile insurancefor all personal automobile risks, but not commercial automobile risks.It is run by the provincial government.It is run by the Insurance Bureau of Canada.

A mortgage is a legal agreement or a financial contract between a borrower (known as the mortgagor)…

59 of 90 Which one (1) of the following is a "mortgagor" with respect to insurance? The named insured. The contractor who completes repairs to an insured property. The finance company to whom money is owed. The person who holds the mortgage.

59 of 90 Which one (1) of the following is a "mortgagor" with respect to insurance? The named insured. The contractor who completes repairs to an insured property. The finance company to whom money is owed. The person who holds the mortgage.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: PLS HELP ASAP ON BOTH

A: 1) The correct symbol for a double V-groove weld that must be examined in the field by ultrasonic…

Q: POSSIBLE PO Sofia receives a text message from her bank. All of the following indicate that the text…

A: In the banking sector, there are chances that people may face scam due to any fake call or message…

Q: What are the two choices you have when filing? O standard O Itemized O Primary O Credit

A: A tax is a compulsory fee or financial charge imposed by any government on an individual or an…

Q: Mika eams $340 per week which she spends entirely at the grocery store. purchasing either food or…

A: Given: Income=$340 Price of food = $1 Price of alcohol =$4Food Stamps =$65

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: An account was opened with $1,000 three years ago. Today, the account balance is $1,150.30. If the…

A: Interest is an amount earned on any investment. It can be basically classified as• Simple Interest…

Q: Erhics RFID tags are extremely useful for retailers, butmany consumers have responded negatively to…

A: RFID tags are one of the radio frequency identification tags that use an electromagnetic region in…

Q: Which of these 4 descriptions is correct?

A: Strict dominance means that for one value of player 1's payoff, it dominates other payoffs of player…

Q: Faisal is an electrical engineer degree and he has a business of manufacturing golf balls. He spends…

A: Accounting profit: - it is the net profit earned by a company after reducing the explicit cost from…

Q: Fact 21 Eileen has 2.5% of her earnings deposited into her retirement plan. If $150 per month is…

A: Given:2.5 % of her earnings are deposited into her retirement planDeposited retirement every month =…

Q: Firm Boperates in a perfectly competitive market. What is the profit maximizing price? O a) $11 O b)…

A: Firms in perfect competition are price takers meaning they accept the market price as given.

Q: Question 6 What is the present worth of 5 payments of S700 if the interest rate is 5% and the first…

A: Present Worth is the value of the sum of money from the future or of the amount that is receivable…

Q: PLS HELP ASAP ON BOTH

A: References: Koijen, R. S., & Yogo, M. (2022). New perspectives on insurance. The Review of…

Q: Patrick is a portfolio manager for the Hyper Tally Growth Fund. It has generated an annualized rate…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: PLS HELP ASAP

A: Question 1: a) Excessive reinforcement.This option is incorrect because a guided root bend test on a…

Q: Marquesa earns money and can spend money only this year and next year. Her utility is U(c1, c2) =…

A: Utility function shows hou much satisfaction is derived from the consumption of given goods. Law of…

Q: The cot of platin dtopot Aug pdni A SI9000 B S200,160 C S19540 D. S39LA0 E Noe of the anwers are

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: I need typing clear urjent no chatgpt use i will give 5 upvotes I need 3 answers

A: Thank you,Please rate my response.

Q: 2.103 Lifetime Savings Accounts, known as LSAS, allow people to invest after-tax money without being…

A: Net Present Value = Initial Investment + present value of all cash flows Here, NPV = -10,000 +…

Q: pls help asap on both

A: For the second image, when using dry powder developer or non-aqueous suspension developer, the…

Q: cooling tower designs that could be considered. Assuming that the cost of capital to the utility…

A: Annual cost refers, about the ownership and operation of an aircraft, the expense of keeping,…

Q: is based on the equivalent worth of all cash inflows and outflows at the end of the planning O a.…

A: Cash flow is defined as amount of cash or cash equivalents that are transferred in and out of the…

Q: what do you think about NFTs in the market, is there and need for them? And what are some concerns…

A: Non-fungible token(NFT): The item can be considered as non-fungible when the particular item cannot…

Q: 5. Joe needs a new HVAC system for his home. He is comparing these three models. One Temp $7000…

A: Given that; The future worth of various alternatives will be calculated as part of the alternative…

Q: PLS HELP ASAP ON BOTH

A: 1. Statement c emphasizes the importance of quality control throughout the fabrication process of…

Q: #4 Suppose your friend asks to borrow $100 from you and says he will pay you back in a year at an…

A: Fund=$100Nominal interest rate=5%Real interest rate=Nominal interest rate-Inflation

Question

Pls help ASAP on both

59 of 90 Which one (1) of the following is a "mortgagor" with respect to
insurance?
The named insured.
The contractor who completes repairs to an insured property.
The finance company to whom money is owed.
The person who holds the mortgage.

61 of 90 Which one (1) of the following statements best describes "The
Facility Association"?
It is an industry plan designed to guarantee availability of automobile coverage in
the open market.
It is an insurance plan designed to guarantee availability of automobile insurance
for all personal automobile risks, but not commercial automobile risks.
It is run by the provincial government.
It is run by the Insurance Bureau of Canada.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Definition of Mortgage and The Facility Association:

VIEW

Step 2: (59) "Mortgagor" with respect to insurance:

VIEW

Step 3: (61) "The Facility Association":

VIEW

Solution

VIEW

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Property Rights, Bargaining And The Coase Theorem

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

get solution
None
I need answer typing clear urjent no chatgpt used i will give upvotes
Find x, and x2. - 1 2 X1 - 2 5 5 X2 - 50 X1 %3D X2
I need typing clear urjent no chatgpt use i will give 5 upvotes
Asume you invest $3,500 today in an iveestment that promises to return $7,700 in exactly 10 years. a. Use the present value technique to estiate the IRR on this investment. b. if a minimum anual return of 9% is required would you recommed this investment.