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A company is facing a legal dispute, and the potential damages are estimated at $500,000. The company's insurance policy has a deductible of $50,000, and
A company is facing a legal dispute, and the potential damages are estimated at $500,000. The company's insurance policy has a deductible of $50,000, and it covers 80% of the remaining damages. How much will the company have to pay out of pocket if they lose the legal dispute?
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Business Communication
Authors: Carol M. Lehman, Debbie D. DuFrene
16th edition
978-0324782172, 324782179, 978-1133162353
