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7. Assume this policy has a deductible of $1,000 and a coverage limit of $15,000. If there are personal property
losses of $7,000 for a covered event, which best describes how much both parties pay?
a. Insured person pays $0; insurance company pays $7,000
b. Insured person pays $1,000; insurance company pays $6,000
C. Insured person pays $1,000; insurance company pays $7,000
d. Insured person pays $1,000; insurance company pays $15,000
Answers: 3
Business, 22.06.2019 15:00, Jocelynrichards
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
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Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
7. Assume this policy has a deductible of $1,000 and a coverage limit of $15,000. If there are perso...
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