Victoria Has a Homeowner's Policy with Personal Property Coverage of 50

question 78

Multiple Choice

Victoria has a homeowner's policy with personal property coverage of 50 percent of insurance on her home.What will the insurance company pay for her stolen property under the following situation?
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Contents replacement-cost coverage

• A)$34,500
• B)$39,500
• C)$44,500
• D)$45,000

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Definitions:

Inter-Departmental

Pertains to activities, communication, or cooperation between different departments within an organization.

Minimum Intergroup Conflict

A state where there is negligible or the lowest amount of conflict between different groups within an organization or society.

Multicultural Organization

An organization that incorporates and respects a variety of cultural perspectives, practices, and contributions in its operations and strategies.

Culture-Group Biases

The tendency to interpret and judge peoples' behaviors, cultures, or ideas from one's own cultural perspective, leading to bias.