A lot is valued at $25,000, and the house is valued at $75,000. If the house is totally destroyed by fire, under a guaranteed replacement cost policy with a coinsurance clause, which of these would MOST likely occur? a. The insurance company would pay $100,000 to the owner. b. The insurance company would pay $75,000 to the owner. c. The insurance company would pay $60,000 to the owner. d. The insurance company would pay $80,000 to the owner.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A lot is valued at $25,000, and the house is valued at $75,000. If the house is totally destroyed by fire, under a guaranteed replacement ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Three of the steps in management's decision process are: (1) review results of decision, (2) determine and evaluate possible courses of action, and (3) make the decision. The steps are prepared in the following order: A. (1), (2), (3). B.
Answers (1)
One potential drawback of just-in-time (jit) production is that
Answers (1)
How many calories per day would be need to allow a one pound increase in lean body weight per week during a resistance training program>/?
Answers (2)
Which of the following ingredients would alert you to the likely presence of trans-fatty acids in a product? A. hydrogenated vegetable oil B. lecithin C. liquid corn oil D. vitamin E
Answers (1)
The Government in Sunshine Act requires agency business meetings to be open to the public even if the agency is headed by a non-collegiate body, and the open-meeting requirement applies even when a quorum is not present. True or False
Answers (2)
New Questions in Business
Now that we have explored the problem, let's turn to the solution is an example of an internal preview. a. Trueb. False
Answers (1)
Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area.
Answers (1)
On a large construction project, the price of dry wall is $.40 per square foot and spraying the dry wall with textured plaster is $.45 per square yard. how much must the builder pay for sprayed dry wall that is 100 square yards?
Answers (1)
Which statement describes the equity‑efficiency trade‑off? There is always a more equitable outcome that is also more efficient. Government intervention can increase efficiency in a market. The least efficient economic outcome is the fairest outcome.
Answers (1)
You would like to buy shares of Nokia (NOK). The current bid and ask quotes are $20.13 and $20.15, respectively. You place a market buy-order for 300 shares that executes at these quoted prices. How much money did it cost to buy these shares?
Answers (1)