Fred borrowed $750,000 from RST Bank to purchase a used fishing boat. He keeps the boat at a public dock owned by Brisbane Marine Associates. Fred owns a total of three boats he uses to earn income from his ocean fishing business. In addition, Fred has a contract with Beacon Transport to ship part of his weekly catch between local ports. Do any of the following parties have an insurable interest in Fred or his business property? If an insurable interest exists, explain the extent of the interest.

(a) Brisbane Marine Associates

(b) RST Bank

(c) Beacon Transport

(d) Freds younger sister, Maggie, who lives in a different state and only sees Fred during the holidays. To help pay for college, Fred has promised Maggie a ten percent interest in his fishing business, but to date, Fred has not given Maggie the interest. Maggie is the sole heir to Freds estate.