Hamish owned an office building with a fair market value of $250,000 . He insured it for $300,000 . When it burned down, he was entitled to:
a. Nothing.
b. $250,000 and a return of the excess premiums he paid on the $300,000 policy.
c. $250,000.
d. $300,000.
.C
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false