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rolpace88 rolpace88
wrote...
Posts: 3242
8 years ago
The coinsurance clause in a homeowners insurance policy requires a home to be insured for _________ of its _________ for full compensation for a loss.
A) 80%, replacement cost
B) 80%, market value
C) 75%, replacement cost
D) 100%, market value
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 197 times
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Answer verified by a subject expert
MillionMillion
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Posts: 3708
8 years ago
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A

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rolpace88 Author
wrote...
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
8 years ago
You're welcome. All I ask in return is a thumbs up!
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