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Non-current (fixed) assets are items of value that the organization has bought and will use for an extended period of time, typically including land and buildings, motor vehicles, furniture, office equipment, computers, fixtures and fittings, and plant and machinery. [4]
An important exception to the usual treatment of fixtures is the category of trade fixtures (often called "chattel" fixtures), chattels installed by a tenant on leased commercial property specifically for their use in a trade or business. These may always be removed by the tenant, so long as any damage to the structure caused by the removal is ...
Contents insurance is insurance that pays for damage to, theft, or loss of, an individual’s personal possessions at home. Some insurance policies also cover items taken out of the home on holiday. Some insurance policies also cover items taken out of the home on holiday.
Takeaway. Coverage selections impact your premium. If your new vehicle is financed or leased, many of which are, you will probably have to carry full coverage, which is more expensive.
A commonly required liability insurance is $25,000/$50,000/$25,000. Here's how it breaks down: $25,000/$50,000 for personal injury (PI) liability.
Insurers wants to raise homeowner insurance rates by 42% statewide and nearly double them in some coastal areas.The state is challenging the proposal. NC coastal insurance rates are going up, but ...
Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay), and what the borrower owes on the loan if the car is totaled or stolen.
North Carolina is the only state to require that a driver hold liability insurance before a license can be issued. North Carolina does allow for a "fleet license" to be issued if the license holder has no insurance, however the fleet license only allows for the driver to operate vehicles owned and insured by their employer. The license holder ...