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What is the primary characteristic of partial l... - SS2 Commerce Marine losses Question

What is the primary characteristic of partial loss?

 

A

The insured property is completely destroyed or irretrievably lost

 

B

The insured property is physically present but damaged and repairable

 

C

 The loss or expense is shared proportionally by all parties involved

 

correct option: b

The insured property is physically present but damaged and repairable

 

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