The insurance carrier used by Pinnacle Computer Systems specifies 65% coinsurance. The company recently incurred $420,000 in damages from flooding. The building was valued at $625,000, but was only insured for $320,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)
A. $626,000.00
B. $411,240.59
C. $330,830.77
D. $292,400.00
Answer: C
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A. remain the same B. switch only once C. can alternate D. vanish
Questions of fact are ________
A) resolved by the judge during the jury trial B) resolved during informal negotiations C) the questions on what actually happened D) the questions on how the law should be applied to the facts
List the records that an employer is expected to maintain for all employees not exempted under the Fair Labor Standards Act (FLSA)
What will be an ideal response?
The right of a partner who is made to pay more than his or her proportionate share of damages
for contract liability may seek: A) An accounting. B) Damages. C) Restitution. D) Indemnification.