This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In which one of the following situations would Joe be able to collect the entire amount of insurance claimed? (Read 65 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Aug 7, 2021
In which one of the following situations would Joe be able to collect the entire amount of insurance claimed?
◦ Joe insured the clubhouse of a Hells Angels motorcycle club located in the next block for $75 000; the house is valued at about that amount. The clubhouse is subsequently destroyed in a fire. Joe claims $75 000.
◦ Joe insured his law partner's life for $500 000 and the amount he actually loses when the partner dies is only $1000. Joe claims $500 000.
◦ Joe owns a one-half interest in a house valued at $1000 that is completely destroyed in a fire. The house is insured for that amount and Joe makes a claim for $100 000.
◦ Joe took out a life insurance policy on his wife for $500 000, and shortly thereafter, during a fight that occurred while he was in a drunken rage, he struck his wife, causing her death. Joe claims    $500 000.
◦ Joe's house suffers $20 000 damage, and he only had it insured for $1000, when the actual value was over $250 000. Joe claims $20 000.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Kikoku on Aug 7, 2021

vish98

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Kikoku

  • Member
  • Posts: 540
Reply 2 on: Aug 7, 2021
Gracias!

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Adolescents may have different responses to different social situations, which complicate their ... Adolescents may have different responses to different social situations, which complicate their ...
This mini clamp-on DMM is being used to measure the amount of battery electrical drain that is ... This mini clamp-on DMM is being used to measure the amount of battery electrical drain that is ...
Apply oil or lotion to the entire leg. Include hip if performing massage to hip region as part of ... Apply oil or lotion to the entire leg. Include hip if performing massage to hip region as part of ...
Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ... Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ...
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library