McCoo buys eNet, a company that provides Internet access, and takes out property insurance with InsCo to cover a loss of the equipment. Two years later, McCoo sells eNet. Six months after the sale, eNet's equipment is stolen. Under InsCo's policy, McCoo can recover

McCoo buys eNet, a company that provides Internet access, and takes out property insurance with InsCo to cover a loss of the equipment. Two years later, McCoo sells eNet. Six months after the sale, eNet's equipment is stolen. Under InsCo's policy, McCoo can recover


a. InsCo's proportionate share of the loss to the total amount of insurance.
b. the total amount of the insurance.
c. the total amount of the loss.
d. nothing.


Answer: D


Business Law

Learn More Multiple Choice Question :