Business, 29.08.2020 21:01 Gutierrezarlene4595

American Builders, Inc. has just completed construction of the Freedom Tower - a 250 floor skyscraper located in California, which is now the world’s largest building. This massive tower cost $50 billion to build, and its replacement cost is estimated at $65 Billion. Given its location, there is always the possibility that an earthquake may cause damage to the tower. Gubenator Insurance Company is the primary property-casualty insurance company in California, and is used to dealing with the risk of earth movement. The company has a capital base of $45 Billion, with net surplus of $4 billion. Gubenator has been asked to insure the Freedom tower. Which of the following statements concerning this situation is correct? Group of answer choices

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American Builders, Inc. has just completed construction of the Freedom Tower - a 250 floor skyscrape...

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