FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. Premises Number 3 Building Number 1 Occupancy: Warehouse Location: 1300 Front St. Washington, NC Building Replacement Cost: $1,000,000 Personal Property Replacement Costs: none Limit

image text in transcribed
8. Premises Number 3 Building Number 1 Occupancy: Warehouse Location: 1300 Front St. Washington, NC Building Replacement Cost: $1,000,000 Personal Property Replacement Costs: none Limit of Insurance Building $400,000 Personal Property Coinsurance 80% Deductible $1,000 A fire causes $250,000 in damage. How much will the Insurance Company pay? A. $124,000 B. $249,000 C. $125,000 D. $200,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commodity Market Trading And Investment

Commodity Market Trading And Investment

Authors: Tom James

1st Edition

1137432802, 978-1137432803

More Books

Students also viewed these Finance questions

Question

★★★★★
A whistle of frequency 500 Hz moves in a circle of radius 1 m at 3rev/s. What are the maximum and minimum frequencies heard by a stationary listener in the plane of the circle and 5 m away from its...

Answered: 1 week ago

Question

★★★★★
Arrange the compounds in order of increasing (decreasing pka). Explain your choices. C1CH2CH2SH, C1CH2CH2OH, CH3CH2OH

Answered: 1 week ago

Question

★★★★★
10.95 Repair Costs Car manufacturers try to design the bumpers of their automobiles to prevent costly damage in parking-lot type accidents. To compare two models of automobiles, the cars were...

Answered: 1 week ago

Question

★★★★★
Call centers typically have high turnover. The director of human resources for a large bank has compiled data on about 70 former employees at one of the banks call centers in the Excel file Call...

Answered: 1 week ago

Question

★★★★★
NLT announces to acquire 100% shares of TNN with a cash offer to pay $5 premium per share to the shareholders of TNN. The share price of NLT increased from $10 to $11 on the announcement. NLT has 20...

Answered: 1 week ago

Question

★★★★★
How many iterations are needed to build a minimum viable product (MVP)? Only one iteration Between 2-3 iterations No more than five iterations As many iterations as needed

Answered: 1 week ago

Question

★★★★★
5. Sharon plans to contribute $400 to an RRSP every quarter for the next 28 years. During this time, the 3. Consider the sketch below and fill in the blanks: (5 marks) RRSP is expected to earn 9.8%...

Answered: 1 week ago

Question

★★★★★
5. Philosophers and scientists alike would argue that humans have: Only hedonic goals and purposes Only eudaimonic goals and purposes Neither hedonic nor eudaimonic goals and purposes A mixture of...

Answered: 1 week ago

Question

★★★★★
Mike was the policy owner and life insured of a 20-year term life insurance policy, with a $500,000 face value, on which he had named his spouse, Rachel, as the beneficiary. Unfortunately, Mike was...

Answered: 1 week ago

Question

★★★★★
sheridan co issued 700,000 of 5-year,6% bonds at 96 on Jan 1 2027. the bonds pay interest annually. compute the total cost of borrowing for these bonds compute the total cost of borrowing for these...

Answered: 1 week ago

Question

★★★★★
Endor Company begins the year with $180,000 of goods in inventory. At year-end, the amount in inventory has increased to $197,000. Cost of goods sold for the year is $1,300,000. Compute Endor's...

Answered: 1 week ago

Question

★★★★★
2. Review Annas speech on social media movements in this chapter. Into what category does the topic of this speech fall? Which approach or approaches (description, demonstration, definition, or...

Answered: 1 week ago

Question

★★★★★
5. Think of a topic that you find excruciatingly dull (for example, balancing your checkbook, studying for a required course you dont like, or taking a summer or part-time job doing something utterly...

Answered: 1 week ago

Question

★★★★★
6. Imagine a process you do every day, such as driving a car. Think about how you would explain the process to someone whos never done it or even seen it done before. Consider different ways you...

Answered: 1 week ago

Previous Question Next Question