Question
25/50/25 with $200 deductible for collision. Driving up to her Marika Katz bought a new Blazer and has insurance coverage summer home one evening,
25/50/25 with $200 deductible for collision. Driving up to her Marika Katz bought a new Blazer and has insurance coverage summer home one evening, Marika hit a parked car and injured the couple inside. Marika's car had damage of $9,500, and the car she struck had damage of $4,900. After a lengthy court suit, the couple struck were awarded personal injury judgments of $20,000 and $10,000, respectively. a. What will the insurance company pay for this accident? Amount paid b. What is Marika's responsibility? Amount paid
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
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