If an insurance policy carries a $250 deductible and an accident results in the following losses, what will be the reimbursement from the insurance company under your collision and comprehensive coverage?

? Replacement of trailer hitch $200
? Replacement of rear bumper $150
? Replacement of computer being carried on the back seat $300
? Replacement of rear windshield $100

A) $200
B) $250
C) $450
D) $750


Answer: A
Explanation: A)
Trailer hitch $200
Rear bumper $150
Rear window $100
Less deductible $250
$200

Business

You might also like to view...

In the Mazur plan, the merchandising division is responsible for _____

a. buying only b. selling only c. buying and selling d. accounting and control

Business

The special syntax of := is used to accomplish named association.

Answer the following statement true (T) or false (F)

Business

Contracts containing unconscionable clauses are void and unenforceable

a. True b. False Indicate whether the statement is true or false

Business

At which point of the organizational buying decision process would a firm use a formal vendor rating system to evaluate the quality of the vendor's product and customer service?

A. postpurchase behavior B. purchase decision C. problem recognition D. performance review E. information search

Business