Exam DISC-RM Practice Question 11
Study guide: Exam DISC-RM
A distributor insures its warehouse with a $100,000 deductible and a $5,000,000 limit that applies above the deductible. A fire causes a $6,500,000 loss. How much of the loss does the distributor retain?
- A) $100,000
- B) $1,400,000
- C) $1,500,000
- D) $1,600,000
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