Author Question: The Croyden Laundry company had multiple carrier fire insurance coverage on its plant and equipment ... (Read 115 times)

corkyiscool3328 · **on:** Jun 24, 2018

The Croyden Laundry company had multiple carrier fire insurance coverage on its plant and equipment in the amount of 3,750,000. The coverage was: 1,500,000 policy held by Metropolitan, 1,200,000 policy held by Kemper, and 1,050,000 held by Prudential. How much of a 326,400 loss would Kemper be responsible for?

Question 2

The amount of money that the borrower receives at the time a discounted note is made is known as the ___________________ _.
Fill in the blank(s) with correct word