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Home Q & A Board Other Fields Homework Help Business Management
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keyone keyone
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6 years ago
ET Insurance Company cedes to MJ Insurance Company $60,000 of a $100,000 exposure on an excess of loss basis. A loss occurs for $60,000.
A) MJ pays $36,000; ET pays $24,000.
B) MJ pays $20,000; ET pays $40,000.
C) MJ pays $40,000, ET pays $20,000.
D) MJ pays $30,000; ET pays $30,000.
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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nationalnational
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6 years ago
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keyone Author
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6 years ago
Smart ... Thanks!
Gamiung3657
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Yesterday
Correct Slight Smile TY
Loruiz15
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2 hours ago
this is exactly what I needed
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