Commercial clause - Study guides, Class notes & Summaries

Alberta General Insurance Level 1 – Questions and Answers Already Passed Your insured, a sole proprietor, purchased a building valued at $1 million. The insurance policy has a coinsurance clause based on the replacement cost value of 90%. Contrary to your advice, your insured insures the building for only $500,000. He suffers a windstorm loss totaling $150,000. How much will the insurer pay? a) $75,000 b) $83,333 c) $150,000 d) $93.755 b) $83,333 An insured property is covered ...

LJU4804 Assignment 2 Semester 2 2024 | Due 13 September 2024. All questions were answered with references. Read the set of facts below and then answer the questions that follow: Just Jeans (Pty) Ltd is a clothing manufacturing company incorporated in South Africa with its principal place of business in Durban. Just Jeans regularly purchases large consignments of denim material from Materiale S.p.A, a company incorporated in terms of the laws of Italy with its principal place of business in M...

CLA1501 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. Answers, guidelines, workings and references...... Question 1 Not yet answered Marked out of 1.00 Question 2 Not yet answered Marked out of 1.00 QUIZ Before their marriage, Nkomi and Thabang concluded an antenuptial contract which they chose not to register. After fi veyears, Nkomi institutes divorce proceedings against Thabang, arguing that their marriage has broken down irretrievably dueto an assortment of reason...

RRLLB81 ASSIGNMENT 02 SEMESTER 02 ANSWERS DUE 26 SEPTEMBER 2024 MERCANTILE LAW TOPIC 1: INSURANCE LAW LIABILITY INSURANCE IN SOUTH AFRICAN LAW AS A COMPLEX FORM OF INDEMNITY INSURANCE Background There are several classifications of insurance; the most common is the distinction between indemnity insurance (also referred to as non-life insurance) and non-indemnity insurance (also referred to as life insurance). With indemnity insurance, the insurer indemnifies the insured for loss or da...

A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you'll only get 85% Various building de...

TN Health and Life Insurance Exam Questions and Answers Rated A+ Which of the following reimburses its insureds for covered medical expenses? - health maintenance organizations - preferred provider organizations - commercial insurers - service providers COMMERCIAL INSURERS - Commercial insurance companies function on the reimbursement approach. Policyowners obtain medical treatment from whatever source they feel is most appropriate and submit their charges to their insurer for reimbursement ...

LJU4804 ASSIGNMENT 2 MEMO - SEMESTER 1 - 2023 - UNISA - (DETAILED ANSWERS WITH FOOTNOTES - DISTINCTION GUARANTEED) Question:- Read the set of facts below and then answer the questions that follow: Super Solar (Pty) Ltd is a newly incorporated South African company with its principal place of business in Johannesburg (South Africa). Super Solar imports solar panels, inverters and lithium ion batteries for resale to local solar installers. Due to the Eskom crisis, demand for these goods have ...

CPCU 551 Exam Questions Compilation A building had been vacant for 60 days, and the insurer didn't know about it, when it sustained 100K, 5K, and 1K losses due to windstorm, theft, and sprinkler leakage, respectively. What amount is covered under CPP? - 85K, 0, and 0. If a building is vacant for 60 or more consecutive days before the loss, they won't pay for any loss caused by vandalism, sprinkler leakage, building glass breakage, water damage, theft, or attempted theft... otherwise you...

MGMT 311 HONORS EXAM 1 Questions with Correct Answers Dormant Commerce Clause - Answer-state can't regulate interstate commerce - courts balance state interest against burden on interstate commerce Taxing Power - Answer-Congress can tax, but must be uniform across states Spending Power - Answer-Congress pays debts and provides defense and welfare - rarely challenged Commercial Speech (when do restrictions uphold?) - Answer-speech made by busn, protected but not as much as normal spee...

Well-structured LJU4804 PORTFOLIO (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... QUESTION 1 Instructions: Read the set of facts below and answer the questions that follow. LJU4804 OCT NOV 2024 3 John and Mary Smith got married in Hawaii in December 1983. At that time, they were British citizens and Mary was domiciled in London, while John was working in New York on a two-year fixed term contract with the possibility of further renewal. H...