Exam DISC-RM Practice Question 39
Study guide: Exam DISC-RM
A store expects 20 premises liability claims a year. Each claim costs an average of $5,000 to defend, whether or not it results in a payment. Thirty percent of claims result in damages, which average $40,000 when paid. What is the store's expected annual cost of these claims?
- A) $240,000
- B) $270,000
- C) $340,000
- D) $900,000
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