Use a Calculator to Find Please Round the Answer

question 90

Short Answer

Use a calculator to find Please round the answer to the nearest thousandth.

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Definitions:

Breach of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Co-Insurance Clause

A clause that may be inserted in an insurance policy that renders the insured an insurer for a part of the loss if the insured fails to maintain insurance coverage of not less than a specified minimum amount or percentage of the value of a property.

Indemnity

A contractual promise to compensate for loss or damage incurred by the promisee.

Property Worth

The market value of an asset or property, determined by factors such as location, condition, and market trends.