Answer:
$45,000
Explanation:
In this case the market value is $200,000 but the policy limit is only $120,000, with a coinsurance of 80%.
Since the amount of loss = $60,000, the insurance company will pay:
(stop limit / value) x loss = ($120,000 / $160,000*) x $60,000 = 0.75 x $60,000 = $45,000
*the $160,000 value is determined by multiplying the fair market value of the property times the coinsurance = $200,000 x 80% = $160,000
Answer:
Sam’s Home Store can enforce the contract against Restore Construction Company
Explanation:
In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.
Based on the scenario above, it is suggested that Girard
practices the management by walking around. The MBWA or the management by
walking around is a style where the management uses this with their managers
wandering in the workplaces to check their employees.
Answer:
clinical psychologists
Explanation:
According to my research on different fields of psychology, I can say that based on the information provided within the question Nico aspires to be a clinical psychologists. This is a branch of psychology that focuses on diagnosing and treating mental, emotional, and behavioral disorders on different individual in order to help them by diagnosing and providing a solution.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
the interest rate rises.
Explanation:
When interest rate increase, borrowing money from the banks become expensive. Individuals and companies will not be able to borrow money to finance investments as the interest rates would be discouraging. When the interest rates are high, saving with banks becomes more attractive. Interests earned of deposits become more appealing than the rate of return of an investment project.
Investments increase when the economy is doing well. If real GDP is to increase or consumers are more optimistic, it means the economy is doing well. Firms operate at near capacity if the economic conditions are favorable. In these three situations, investments will increase, not decrease.