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
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
Problem 1PS
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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
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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