List three types of reports commonly used to monitor and control operations in business

Ordinarily, a promise to perform an existing legal obligation is: A) not consideration

B) binding if the promisor promises to perform with extra care. C) binding if the promisor promises to perform to suit the personal satisfaction of the promisee. D) binding if the promisee would experience substantial loss due to breach of the promise.

The Faulkner Company building was valued at $450,000 . The building was insured for $400,000 . The policy contains an 80% coinsurance clause. A fire caused damages of $260,000 . Compute the amount the insurance company paid for damages