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 21 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!

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Upsetting the entire social order, the French Revolution removed the past as a sure guide to the ... Upsetting the entire social order, the French Revolution removed the past as a sure guide to the ...
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
(A) Effleurage to entire arm to apply oil or lotion. (B) Apply with flat palms and fingers from ... (A) Effleurage to entire arm to apply oil or lotion. (B) Apply with flat palms and fingers from ...
Preload is related to the amount of blood and stretching of the ventricular myocardial fibers Preload is related to the amount of blood and stretching of the ventricular myocardial fibers
a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ... a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ...
Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs
Video: The life cycle of protein

For a complete list of videos, visit our video library