Question
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fill in the blanks . Consider a car owner whose car was vandalized...
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Consider a car owner whose car was vandalized and lost it to a fire. The insurance
has said to the car owner that it will pay 90% of the commercial value of the car,
where it is estimated to be worth 26 thousand CAD for that model and year. The car
owner needs to rent a car to get to work for ten business days since the insurance
that she has does not cover this rental. The rent per day is valued at 150 CAD. The
car owner is forced to make a claim to the insurance company and as a consequence
loses her discount of 10% where the value of the car insurance for the year is valued
at 1,300 CAD. The emotional stress for the car owner due to this criminal offence is
valued at $100 per month for up to six months. The fear of crime by the car owner is
valued at half of the emotional stress value per month for up to a year. The tangible realized costs for the car owner of this criminal offence adds up to
___________ CAD (numeric). The intangible realized costs for the car owner add up to __________ CAD (numeric). Blank#1[ ] 6/ Blank # 2 5/
fill in the blanks
Answer & Explanation
Solved by verified expertAnswered by AdmiralElementCrow24 on coursehero.com
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