Remember to answer with a yes no and legal reasoning why Ray Felda purchased a cabin cruiser for $8,500 and took out an insurance policy for $10,000 The policy was to cover any loss from accidental sinking or from storms Late in August during a heavy windstorm the cruiser broke loose from its moorings and sunk Will Ray collect the full $10,000 from the insurance company Magda undertook the task of caring for Marc after Marc's father died Marc was Magda's nephew Shortly after Magda started caring for Marc, he was committed to the Central State Mental Hospital Marc was now considered an indigent with no means of support Two years after commitment, Magda took out a $10,000 life insurance policy on Marc A year later Marc died Will Magda be able to collect the $10,000 Jean Ronson lived in a boarding house Although she didn't own much, she insured her personal property against fire Planning on moving Jean did not bother to renew her policy It was to expire at noon on May 16 th On May 16 th at 11 45 a m , the boarding house caught fire The blaze was finally extinguished at 2 p m Will Jean's policy still cover her loss Bruce had his belongings insured against fire under a standard policy One evening the apartment adjoining his caught fire and some of Bruce's belongings were badly damaged by the smoke Will Bruce be reimbursed for his loss

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Remember to answer with a yes/no and legal reasoning why.

Ray Felda purchased a cabin cruiser for $8,500 and took out an insurance policy for $10,000.The policy was to cover any loss from accidental sinking or from storms.Late in August during a heavy windstorm the cruiser broke loose from its moorings and sunk.

Will Ray collect the full $10,000 from the insurance company?

Magda undertook the task of caring for Marc after Marc's father died.Marc was Magda's nephew.Shortly after Magda started caring for Marc, he was committed to the Central State Mental Hospital.Marc was now considered an indigent with no means of support.Two years after commitment, Magda took out a $10,000 life insurance policy on Marc.A year later Marc died.

Will Magda be able to collect the $10,000?

Jean Ronson lived in a boarding house.Although she didn't own much, she insured her personal property against fire.Planning on moving Jean did not bother to renew her policy.It was to expire at noon on May 16^th.On May 16^that 11:45 a.m., the boarding house caught fire.The blaze was finally extinguished at 2 p.m.

Will Jean's policy still cover her loss?

Bruce had his belongings insured against fire under a standard policy.One evening the apartment adjoining his caught fire and some of Bruce's belongings were badly damaged by the smoke.

Will Bruce be reimbursed for his loss?