
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 96
Ben Hoffman has motor vehicle liability insurance in the amount of 50/100/50 and carries $250 deductible collision coverage and full-coverage comprehensive. Recently, he was at fault in an accident in which his camper hit a bus. Five individuals were injured on the bus and were awarded the following settlements by the courts: Hart, $13,500; Black, $11,700; Garner, $4,140; Williams, $57,800; and Morgan, $3,590. The damage to the bus was $12,230, and Ben's camper sustained $3,780 in damages.
a. How much will the insurance company have to pay and to whom
b. What part of the settlement will be Ben's responsibility
a. How much will the insurance company have to pay and to whom
b. What part of the settlement will be Ben's responsibility
Explanation
Ben's liability coverage is limited to $...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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