While at his boss's house for dinner, Merlin accidentally drops an antique vase belonging to his...
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While at his boss's house for dinner, Merlin accidentally drops an antique vase belonging to his boss worth $900 on his boss's head, causing her to incur $800 in medical expenses. The vase shatters. Merlin's insurer knows that he will not be found legally liable for these losses. How much will Merlin's insurer pay to Merlin's boss? Please explain how you arrived at your answer. While at his boss's house for dinner, Merlin accidentally drops an antique vase belonging to his boss worth $900 on his boss's head, causing her to incur $800 in medical expenses. The vase shatters. Merlin's insurer knows that he will not be found legally liable for these losses. How much will Merlin's insurer pay to Merlin's boss? Please explain how you arrived at your answer.
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Answer rating: 100% (QA)
The insurance company will not cover any of the damages since as alre... View the full answer
Related Book For
Introduction to Risk Management and Insurance
ISBN: 978-0131394124
10th edition
Authors: Mark S. Dorfman, David Cather
Posted Date:
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