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Ymorist [56]
3 years ago
8

An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o

f $15,000. Disregarding any copayments or deductibles, how much will the excess plan pay?
Business
1 answer:
KATRIN_1 [288]3 years ago
5 0

Answer:

excess plan pay $5000

Explanation:

given data

each covering losses  = $10,000

insured suffered a loss = $15,000

solution

we get here excess plan pay that is express as

excess plan pay = insured suffered a loss - each covering losses ....................1

put here value and we get  excess plan pay that is

excess plan pay = $15,000 - $10,000

excess plan pay = $5,000

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Answer:

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3 years ago
Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of
olganol [36]

Answer:

$4,500

Explanation:

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In order to be considered a legal owner of a public company, a person or organization must _____
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In order to be considered as a legal owner of a public company, a person or an organization must hold or own at least one stock of such public company.

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In case of a public company, a legal owner will be someone who owns the stock of such company, irrespective of the quantity of stocks held by such owner.

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