Question text If the value of the subject matter of insurance is 20,000 dinars, the amount of insurance is 10,000 dinars, and the actual value of the loss is 8,000 dinars, then the compensation is equal Select one: a. 4000 dinars b. 2000 dinars c. 400 dinars d. 8000 dinars
Question text If the value of the subject matter of insurance is 20,000 dinars, the amount of insurance is 10,000 dinars, and the actual value of the loss is 8,000 dinars, then the compensation is equal Select one: a. 4000 dinars b. 2000 dinars c. 400 dinars d. 8000 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 20,000 dinars, the amount of insurance is 10,000 dinars, and the actual value of the loss is 8,000 dinars, then the compensation is equal
Select one:
a.
4000 dinars
b.
2000 dinars
c.
400 dinars
d.
8000 dinars
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