Drake's Bakery sustained a fire loss of $2,260,000. They had multiple carrier fire insurance coverage on the building in the amount of $9,120,000. The coverage was: $3,465,600 policy held by Colonial, $2,736,000 policy held by The Hartford, and $2,918,400 policy held by Continental. Which of the three companies were responsible for $723,200 of the loss?
Continental
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A. reactor. B. prospector. C. analyzer. D. defender. E. imitator.
Usually, with respect to a variable cost, optimal control is exerted when the cost
a. can be controlled prior to incurrence. b. is compared to its budget amount. c. increases steadily over time. d. is closely monitored.
A _____ is formed when two or more companies share resources, risks, and profits without actually merging, to pursue specific opportunities.
A. joint venture B. limited liability partnership C. sole proprietorship D. limited liability company
HMOs are health insurers specializing in cancer insurance
Indicate whether the statement is true or false