Gamma Ltd Owns a Widget

Gamma Ltd owns a widget.It purchased property insurance from Atlantic Insurance Co.The widget was recently destroyed by a fire.It was worth $75 000, and it will cost that much to replace it.Both parties agree that that loss falls within the terms of the policy.Nevertheless, a dispute has arisen regarding a $5000 deductible.That most likely means that

A) Gamma Ltd failed to pay a premium worth $5000.
B) Atlantic Insurance Co claims that the fire was caused by a third party and that Gamma Ltd must sue that third party in tort instead of claiming a benefit under the policy.
C) Atlantic Insurance Co claims that Gamma Ltd is entitled to receive $70 000.
D) if Atlantic Insurance Co sues a third party in tort for causing the fire that destroyed the widget, the costs of that litigation will be deducted from the benefit that Gamma Ltd is entitled to receive.
E) the benefit that Gamma Ltd is entitled to receive under the policy will be reduced to the extent that the widget can be sold for scrap material.