need help asap Dave notices the water pipe connecting his dishwasher had ruptured. In order to BEST comply with requirementscontained in the Comprehensive Homeowners Policy and avoid possible complications with the Claims Settlementprocess, what is the FIRST thing Dave should do?OA) Call his Broker to report the claimOB) Attempt to clean up as much water as possible, if safe to do soOC) Shut the main water supply to the home to stop the ruptureOD) Get the family out of the house to safety A building worth $500,000 is insured for $300,000 under a policy with a 90% co-insurance clause. Fire destroys thebuilding, causing a loss of $500,000. How much would the insurer pay?OA) $270,000.00.OB) $240,000.00.OC) $300,000.00.OD) $333,333.33.

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Answered: Dave notices the water pipe connecting…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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