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
$260,000
Business
You might also like to view...
Which of the following is true about copyright law in the United States?
A) A work must be published in order to receive copyright protection. B) State copyright laws supplement the federal copyright laws. C) A copyright must be registered before public disclosure of the copyrighted material. D) A copyright is not created by the process of registration.
Business
The ________, created in 1933 is an independent agency of the federal government that insures savings, checking, and other types of bank accounts
Fill in the blanks with correct word
Business