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An insured purchases a small sailboat. After the purchase, the insured calls her agent and asks if the boat is covered under her homeowners policy. The agent informs her that because the sailboat does not have a motor, it is covered under her homeowners policy. Several months later the insured is sailing her boat on a lake and collides with another watercraft. This causes her to incur liability for the damage to the other vessel. When she files a claim under her homeowners policy the insurer refuses to pay because her sailboat exceeds a particular hull length that was specified in her policy (a limitation which the agent had not mentioned or inquired about). If the insured disputes the insurer's denial of the claim, what is the correct result according to the doctrine of estoppel?
What do YOU essential elements of leadership? Please come up with your own unqiue "FORMULA" Optional Addition:
Motel Rentals Super 8 , the world's largest budget hotel chain, was founded in 1972. It now has more than 120,000 rooms in more than 2,000 locations.
What is the cultural phenomenon at play here (what is it called/ term)? How do you explain the lack of intercultural communication and interaction?
Approximately 68% of all final paper scores were between values A and B. What is the value of A?
The Markowitz mean-variance portfolio model has been criticized that it often leads to investment- irrelevant portfolios that are full of errors. By using the relevant literature as well as practical examples, provide critical evaluations of the Ma..
Calculate the bond's yield to maturity (YTM). Now, if due to changes in market conditions, the market required YTM suddenly increases by 2%.
Assuming that you can get these investments for a return of 7%, as promised, How Much are you paying today for payments 26 to infinity?
The Mega Farms Corporation sold 5000 shares of Crops overload Company on 27 May 2016 for $17.50 per share, incurring $1590 in brokerage commission.
assume that both portfolios a and b are well diversified that era12 and erb9. if the economy has only one factor and
A bank's total assets are comprised of $56 million in loans and $4 million in reserves. The contract rate on loans is 13% and it has a bad loan ratio of 8%.
As the financial manager in developing forecast for the firm, where would you go to in order to start your forecast and refine it with more accurate future proj
Given the following information interest rate 8% tax rate 30%
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