Use the Following Information to Answer the Questions:
Three Children

question 26

Multiple Choice

Use the following information to answer the Questions:
Three children must make fair division of a painting and sculpture left them by their mother. Using the Knaster inheritance procedure, the value each child places on the objects is shown below. $$\begin{array} { l l l l } \text { Object } & A & B & C \\\text { Painting } & \$ 4000 & \$ 6300 & \$ 6000 \\\text { Sculpture } & \$ 2300 & \$ 1800 & \$ 2400\end{array}$$
-What does B get after the fair division?

• A) painting and $366.67
• B) painting and pays $3233.34
• C) painting and pays $3600
• D) painting and pays $2250

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Definitions:

Premium

The amount paid for an insurance policy, or the difference between the higher price paid for a fixed-income security above its face value.

Insurance Companies

Organizations that provide risk management by compensating for financial losses in exchange for premium payments.

Private Information

Information that is not publicly available and may give an individual or business a competitive advantage.

Hidden Problems

Issues or complications within a system or product that are not immediately obvious or visible.