Question
The XYZ Corporation owns a $100,000 building. If the policy contains an 80% Coinsurance clause, the MINIMUM amount of insurance the corporation should carry to
The XYZ Corporation owns a $100,000 building. If the policy contains an 80% Coinsurance clause, the MINIMUM amount of insurance the corporation should carry to collect fully on a $10,000 loss is:
a. $10,000
b. $80,000
c. $90,000
d. $100,000
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International Financial Reporting Standards 2008 Deutsche Englische
Authors: Wiley Vch
1st Edition
3527503684, 978-3527503681
