2. statistically, teenage drivers are more likely to have an automobile accident than adult drivers. as a result, insurance companies charge higher insurance premiums for teenage drivers. suppose one insurance company decided to charge teenagers and adults the same premium based on the average risk of an accident among both groups. using your knowledge of the problems associated with asymmetric information, explain whether you think this insurance company will be profitable.
explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.
(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.
you will have $2593.74 in 10 years if you set aside $1,000 at 10%
you will have $9321.91 in 20 years if you set aside $2000 at 8%
you will have $1469.32 in 5 years if you set aside $1000 at 8%
you will have $1296.87 in 10 years if you set aside $500 at 10%
you will have $239.66 in 15 years if you set aside $100 at 6%
you will have $4660.96 in 20 years if you set aside $1000 at 8%