car insurance shelters drivers from the possibility of losing all their wealth in the event that they cause an accident in which someone is seriously injured. this best illustrates which core principle?

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Supermonkey2268 Supermonkey2268

11-10-2022
Business

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car insurance shelters drivers from the possibility of losing all their wealth in the event that they cause an accident in which someone is seriously injured. this best illustrates which core principle?

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rafikiedu03 rafikiedu03 · Answer 1 · 2022-10-18T08:57:01+02:00

car insurance shelters drivers from the possibility of losing all their wealth in the event that they cause an accident in which someone is seriously injured this best illustrates the core principle Risk requires compensation.

Typically, compensation refers to the economic price given to a person in trade for their offerings. In the place of the job, reimbursement is what's earned through employees. It consists of profits or wages similarly to fees and any incentives or perks that include the given worker's role. Repayment Definition. Compensation is the overall coins and non-coins bills which you give to a worker in alternative to the work they do for your business. It's commonly considered one of the largest expenses for organizations with employees. Compensation is greater than an employee's normal paid wages.

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