Moore Stores Has a Property Insurance Policy with an Annual

question 26

Short Answer

Moore Stores has a property insurance policy with an annual premium of $3,750. In recent months, Moore Stores failed four fire inspections, and filed three burglary claims against the policy. The insurance company has elected to cancel the policy, which has been in effect for 173 days. What is the regular refund due Moore Stores? (Round to the nearest cent)

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Definitions:

Isolation

The state of being separated from others, which can lead to feelings of loneliness and disconnectedness.

Negative Identity

A concept related to identity development, where an individual may define themselves by what they are not, often as a response to societal pressures or expectations.

Identity Cohesion

A term often related to Erikson's theory, denoting a sense of self that is consistent, coherent, and well integrated.

Role Confusion

A state of uncertainty about one's social role or personal identity, often experienced during adolescence.