A house worth ` 400000 has been insured for ` 300000. The house is com – McqOptions

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1.	A house worth ` 400000 has been insured for ` 300000. The house is completely destroyed by fire, the insurance company will be liable to pay ......... to the insured.
A.	` 3 lakhs
B.	` 4 lakhs
C.	` 7 lakhs
D.	` 1 lakhs
Answer» B. ` 4 lakhs

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