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Question
You purchase $250,000 worth of insurance to protect your restaurant with a $10,000 deductible. How much money are you entitled to receive as a payout if a fire destroys your store which is valued at $250,000?A) $240,000
B) $10,000
C) $250,000
D) $240,000 less co-payment
Answer
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Related questions
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Why is it not a good idea to tell investors in your business plan that your exit strategy is simply "to take the business public"?
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B) it will prevent employees from having control of the company
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A) Conrad Hilton
B) W. Edwards Deming
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What organization administers the Malcolm Baldrige National Quality Award?
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B) National Aeronautical and Space Administration (NASA)
C) National Institute of Standards and Technology (NIST)
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