If the value of the subject matter of insurance is 4000 dinars, the amount of insurance is 8000 dinars, and the actual value of the loss is 2000 dinars, then the compensation is equal Select one: a. 4000 dinars b. 200 dinars c. 400 dinars d. 2000 dinars
If the value of the subject matter of insurance is 4000 dinars, the amount of insurance is 8000 dinars, and the actual value of the loss is 2000 dinars, then the compensation is equal Select one: a. 4000 dinars b. 200 dinars c. 400 dinars d. 2000 dinars
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 47P
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If the value of the subject matter of insurance is 4000 dinars, the amount of insurance is 8000 dinars, and the actual value of the loss is 2000 dinars, then the compensation is equal
Select one:
a.
4000 dinars
b.
200 dinars
c.
400 dinars
d.
2000 dinars
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