If Johnson suffers a $4,000 loss on cargo worth $100,000 and his FPA deductible is 5 percent, he will receive
A) $0,
B) $4,000,
C) $5,000.
Correct Answer:
Verified
Q34: Match the descriptions with their terms:
-A building
Q35: Match the descriptions with their terms:
-_ have
Q36: Match the descriptions with their terms:
-Insurance against
Q37: Match the descriptions with their terms:
-In the
Q38: Match the descriptions with their terms:
-_ is
Q40: Coinsurance clauses in ocean marine insurance policies
A)
Q41: Deviation may be allowed to
A) abandon the
Q42: Inland marine transit policies usually exclude loss
Q43: The trip transit policy is used
A) by
Q44: The major advantages of credit insurance include
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