QUESTION 12 While driving Mohamed's car Sarah accidentally crashed and hit a house, the loss costs a total of 2,303. If in this case Mohamed's insurance policy acted as the primary with a limit of 915, while Sarah's policy acts as the excess and has a limit of 4,571. In this case how much will Sarah's insurance policy pay?

QUESTION 12 While driving Mohamed's car Sarah accidentally crashed and hit a house, the loss costs a total of 2,303. If in this case Mohamed's insurance policy acted as the primary with a limit of 915, while Sarah's policy acts as the excess and has a limit of 4,571. In this case how much will Sarah's insurance policy pay?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter7: Losses—deductions And Limitations

Section: Chapter Questions

Problem 47P

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