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4 of 90 A dwelling valued at $200,000 is owned by three persons. A has $100,000 invested, B has $60,000 invested and C has $40,000. A resides in the house. It is insured for $150,000. The building is totally destroyed by fire. How much would A receive? $100,000.00 $50,000.00 $75,000.00 $60,000.00

4 of 90 A dwelling valued at $200,000 is owned by three persons. A has $100,000 invested, B has $60,000 invested and C has $40,000. A resides in the house. It is insured for $150,000. The building is totally destroyed by fire. How much would A receive? $100,000.00 $50,000.00 $75,000.00 $60,000.00

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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4 of 90 A dwelling valued at $200,000 is owned by three persons. A has $100,000 invested, B has $60,000 invested and C has $40,000. A resides in the house. It is insured for $150,000. The building is totally destroyed by fire. How much would A receive? $100,000.00 $50,000.00 $75,000.00 $60,000.00
Transcribed Image Text:4 of 90 A dwelling valued at $200,000 is owned by three persons. A has $100,000 invested, B has $60,000 invested and C has $40,000. A resides in the house. It is insured for $150,000. The building is totally destroyed by fire. How much would A receive? $100,000.00 $50,000.00 $75,000.00 $60,000.00
3 of 90 A client, who has just been discharged from hospital following serious illness, decides to take an extended trip with his wife while convalescing. He phones you to arrange travel health insurance for both of them. Which one (1) of the following policy conditions should you draw to his attention? He will not be covered for any sporting activities. There is no coverage for any sickness he may have during the trip. Coverage on himself and his wife is for accident only while travelling. There may be no coverage or limitations of coverage for the condition of sickness for which he was hospitalized.
Transcribed Image Text:3 of 90 A client, who has just been discharged from hospital following serious illness, decides to take an extended trip with his wife while convalescing. He phones you to arrange travel health insurance for both of them. Which one (1) of the following policy conditions should you draw to his attention? He will not be covered for any sporting activities. There is no coverage for any sickness he may have during the trip. Coverage on himself and his wife is for accident only while travelling. There may be no coverage or limitations of coverage for the condition of sickness for which he was hospitalized.
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