Question 37 of the foll37.) A building owned by A. is sold for cash to B. Two days after the sale, a fire destroys thebuliding causing a loss of $100,000. Neither the broker nor the insurer were notified of the changein ownership. The insurer would pay:A. $80.000.BONESB. Nothing.C. $50,000.D. $100,000Insaved must notity broker ofhave since no mortgage38. A valued policy is one which:A Provides for replacement cost of the property irrespective of the amounts of the insurance. Xpolicy is issued, the amount of insurance the insurer will pay in th

Insurance is a contract in which an individual or entity receives financial protection or…

the were notified of the changes 37. A building owned by A. is sold for cash to B. Two days after the sale, a fire destroys buliding causing a loss of $100,000. Neither the broker nor the insurer in ownership. The insurer would pay:

the were notified of the changes 37. A building owned by A. is sold for cash to B. Two days after the sale, a fire destroys buliding causing a loss of $100,000. Neither the broker nor the insurer in ownership. The insurer would pay:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: An Insured calls their Broker to let them know they are planning to complete renovations to their…

A: A Builder’s Risk Policy is a type of property insurance that covers buildings and structures that…

Q: True or False: When an online job application asks for your Social Security Number, you should only…

A: Your Social Security Number (SSN) is a unique identification number issued to you by the Social…

Q: How does one calculate the break-even point in units?

A: For producing the goods and services, costs of production has to be incurred. It involves fixed and…

Q: #HOLDING SACERD PELL - Wz ESTHE dogth Canpark skpaty Cl VELLLL 102 S har 107 AUT The figure shows…

A: Household income is an economic indicator that measures the total amount of money earned by all…

Q: explain segmented bar chart

A: Bar charts: It refers to the chart in which the data is shown with the help of rectangular bars.…

Q: evolution of savings accounts, loans and online banking post COVID-19

A: Customers have grown even more reliant on web and mobile apps as a result of the mandatory…

Q: topic: Financial markets: efficient and other. (1 point) What do banks financial firms (e.g. banks,…

A: A financial institution is a company engaged in the business of dealing with financial and monetary…

Q: Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilai KDNK nominal pada…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Your new client, Kerri, age 35, came into your office today. She provided you with the following…

A: Kerri's housing costs (rent + mortgage) are 28% of her income, which is above the recommended 25%.…

Q: So what is the opportunity cost of producing one more cake if we move from combination C to…

A: The objective of the question is to calculate the opportunity cost of producing one more cake when…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Problem 02-04 (Algo) Answer the following questions. Instructions: Round your responses to the…

A: "Since only part B is mentioned to solve, only the solution for the mentioned part is provided."A…

Q: Merchandising Mathematics The rate of sale for a patio furniture set is estimated at seven per…

A: GIVEN DATA The rate of sale for a patio furniture set is estimated at seven per week. The buyer…

Q: If you were to do a research on the topic of determining the satisfaction of university students on…

A: The utility is a metric for assessing a person's satisfaction after consuming items. In other words,…

Q: The accompanying table lists the foreign exchange rate between U.S. dollars and British pounds (GBP)…

A: Here as we are provided exchange rate as (dollars / pounds), it implies that: at the date where…

Q: Question 7 (Hint: fill in the graph.) D: 5000-1.5Q S: 200+ 2.5Q In the world market for scooters,…

A: A country becomes an exporter when world price is greater than domestic equilibrium price.

Q: The effects of climate related risks on insurance companies. - Identify the climate related risks…

A: The objective of this question is to identify the climate-related risks that may affect insurance…

Q: A country consisting of 4 states, A, B, C and D with populations given in the table below has 75…

A: Jefferson's Method is defined as a method which tries to avoid any problem of appointment which…

Q: entify a political, economic or social issue which are considered as pressing issues to be addressed…

A: Regulations and distortions that build a divide between the productive and unproductive sectors of…

Q: A buyer for the exclusive Britique Shop purchased 100 cashmere pullover sweaters at $31each and…

A: Enterprise economics is the study and appraisal of business financial issues using abstract economic…

Q: The government of the Republic of Zambia plans to implement an irrigation project to increase maize…

A: All activities have been carried out in monitoring use secondary cost factors, which are formed…

Q: A B 1 Car Sales Report Month 2 3 Jan. - April 4 May-Aug. 5 Sept. - Dec. 6 TOTAL 7 MINIMUM C 214 355…

A: The data gives the sale figures for cars from 2016 to 2018. Each year is subdivided into three…

Q: Sharpener and pencil are Substitute True/Fals

A: For two goods to be called substitute, they must have atleast 50% of same characteristics and thus…

Q: Your workforce in the sales department consist of 30 workers. 10 are baby boomers born between 1945…

A: The workforce is the work pool in employment. It is frequently used to depict those working for a…

Q: Countrywide Financial and Bear Stearns got into trouble because of their daily need for short term…

A: Countrywide Financial and Bear Stearns, like many other financial institutions in the mid-2000s,…

Q: "Role and impact of technology on new-age leadership."

A: Role and impacts of the technology helps in the age leadership, that would make the technology use…

Q: For what value of P in the cash flow diagram will render the present worth to be equal 0 at a…

A: The given cashflow shows the inflows and outflows denoted by the upward arrows and the downward…

Q: Whats 89.7÷23

A: Given: 89.7÷23

Q: Zippy works for Zips Company and received the following amounts. For each item, indicate how much is…

A: Taxes are usually set to a certain percentage and are categorised into various slabs. For example,…

Q: The following information has been gathered on the costs and effectiveness of the two treatments, A…

A: Cost-benefit analysis is a decision-making tool that evaluates the potential costs and benefits of a…

Q: what is the d than?

A: Price ceiling:It is a situation when the government controls the prices of goods and services to…

Q: What are some causes of rising food prices and the challenges faced by rural farmers in Mt. Royal,…

A: Growing food costs have important ramifications since they affect the accessibility and…

Q: Situational Analysis: Would the following factors increase or decrease the ability of domestic oil…

A: On a global scale, supply and demand determine crude oil prices.

Q: Français OA) $100,000.00 B) $125,000.00 OC) $80,000.00 OD) $60,000.00 Font Size: A dwelling valued…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 5) Paper purchased by a publisher is (intermediate good/final good/consumer good/service)

A: # the goods which are used for the production of final goods or we can say that the goods which are…

Q: Eric Yang earns $603.16 weekly, is married, and claims 3 withholding allowances. Use the Percentage…

A: Net earning is the amount remaining after subtracting all taxes and expenses.

Q: (c) In a city, the consumer price index in 2015, 2016, and 2017 were 100, 108.5, and 113.5…

A: (C). Consumer price index is the tool or an instrument to measure inflation. It is used to measure…

Q: Give typing answer with explanation and conclusion A state department of health is considering a…

A: To determine whether the public awareness campaign to encourage vaccination is worth undertaking, we…

Q: National Service Reserve Corporation

A: Welfare services Welfare refers to government-sponsored assistance programs for low-income…

Q: Government financial statistics do not use definitions and concepts of SNA Question 2Answer…

A: The System of National Accounts (SNA) is a statistical framework that provides a comprehensive,…

Q: How to calculate break even point, and give example.

A: The main objective of every firm is to maximize profits. Profits are the surplus income earned by…

Question

Question 37

of the foll
37.) A building owned by A. is sold for cash to B. Two days after the sale, a fire destroys the
buliding causing a loss of $100,000. Neither the broker nor the insurer were notified of the change
in ownership. The insurer would pay:
A. $80.000.
BONES
B. Nothing.
C. $50,000.
D. $100,000
Insaved must notity broker of
have since no mortgage
38. A valued policy is one which:
A Provides for replacement cost of the property irrespective of the amounts of the insurance. X
policy is issued, the amount of insurance the insurer will pay in th

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduce the concept of insurance.

VIEW

Step 2: Determine how much the insurer would pay.

VIEW

Solution

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Property Rights, Bargaining And The Coase Theorem

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Question 21 The payoff matrix for two companies is seen below. The profits for Netflix are in the upper right hand corner, while the profits for Hulu are in the lower left hand corner. If Netflix raises their price, what is the best response by Hulu?
A family has 15 members and has the following income data. $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000 Answer the following questions. Show computations whenever possible. 1. Calculate the percent share of income for each quintile, from the lowest to the highest quintile. 2. 3. ( ) Calculate the cumulative share of income of this family group. What would you say about the income gap and incomes distribution of the family members? 4. Going back to the real world income distribution, other than the progressive tax system, which one of the income redistribution program do you think is the most effective method in helping the near-poor, and why?
HELLO, PLEASE HOW DID YOU FIND 81 AND 0 ON QUESTION B?
‎‏(Corporate values) help a company determine A-how to behave with its employees , shareholders , and the wide • B- what is important for the company's reputation . C- where to sell its products or services . D- the types of products or services to offer .
Please answer question number 8
Can you finish the rest of the chart
help
QUESTION 20 You need to retain physical proof of your income and expenses in case the IRS questions the accuracy of your tax return. O True O False
"Disinvestment" is a part of revenue receipts True/False
the earnings on the assest funds of a permanent fund are to be used to support the city's library special revenue fund. How would the earnings be recorded?
Brief description of the pie chart for a proposal
5