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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which terms describe an account that does not have sufficient funds to cover all the charges made to it?
Answers (1)
Walkers World Company gathered the following information for 2019: Total sales revenue (65% on credit) $432,000 Cost of goods sold 231,000 Sales returns and allowances (on credit) 44,000 Accounts receivable at end of 2019 ($30,000 increase during
Answers (1)
Give an outline of the differentiating characteristics of a monopolistic competition and an oligopoly market structure.
Answers (2)
The effort by political candidates and their staff to win backing and support by voters in the quest for political office is known as
Answers (1)
The entity that normally is supposed to determine whether an academic researcher's conflict of interest can be managed is: The researcher The faculty senate A conflict of interest committee The university president
Answers (1)
New Questions in Business
On faxed documents, it is often difficult to tell if a signature is authentic, both because clarity is a problem and also because signatures can be cut and pasted onto new documents from old documents.
Answers (1)
The ability of a business to pay obligations that are expected to become due within the next year or operating cycle is
Answers (1)
The Austrian-company Wienerberger is the world's largest brickmaker. It had to use the management function of_when it integrated the employees and manufacturing facilities that it gained from a merger with a brickmaking company in Great Britain.
Answers (1)
On November 1, 2018, Cullumber Farm entered into a contract to buy a $162000 harvester from John Deere. The contract required Cullumber Farm to pay $162000 in advance on November 1, 2018.
Answers (1)
Which of the following is an advantage corporations enjoy over sole proprietorships? O A. Corporations have an easier time raising money to start or expand a business. O B.
Answers (1)