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Question
Allied Company obtains policies with Best-Rate Insurance, Inc., and Cover-All Corporation against the risk of loss of Allied's office building in a fire. Each policy includes a multiple-insurance clause. A fire partially destroys the building. Allied can collect from Best-Ratea. all of the loss.
b. half of the loss.
c. its proportionate share of the loss to the total amount of insurance.
d. none of the loss.
Answer
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