Janice purchased a living room set for 1,000 and insured this furniture on an actual cash value basis.
Two years later the living room set was destroyed by a covered peril. At the time of loss, the property had depreciated in value by 25 percent. The replacement cost of the furniture at the time of loss was 1,200. Assuming no deductible, how much will Janice receive from her insurer?
A) 900
B) 950
C) 1,000
D) 1,200
Question 2
Melody's car was damaged when another driver ran a stop sign and hit her car. Melody decided to collect from her own insurer and to let her insurer recoup the loss payment from the negligent driver who hit her.
What fundamental legal principle is illustrated in this scenario?
A) the principle of utmost good faith
B) the principle of insurable interest
C) the principle of subrogation
D) the principle of reasonable expectations
Part of this child's pattern of daily living is attending child care during the work day
The plesiadapiforms may have been primates, but they lacked certain features, such as a postorbital
Compared to a chimpanzee, the human newborn has relatively little room to spare as it passes through
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose.
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...