A gas explosion damaged a building and much of the stock you have is burnt. The insurance which was taken out for the stock was on your name but the building was taken out by someonelso. What shall I do
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A gas explosion damaged a building and much of the stock you have is burnt. The insurance which was taken out for the stock was on your name but the building was taken out by someonelso. What shall I do
Hello diz:
The PAPER certificates aren't stock. They only represent stock. The companies you own have records of it, so you can get your certificates replaced. I don't think insurance has any thing to do with your stock...
excon
Can you please explain, when you say stock do you mean inventory, items in the store.
Also was it a owned or rented building
What caused the incident
Who was hurt, employee or customer
** employees would be covered under workers comp. Owners would have had to have a rider for medical payments
Sounds a lot like a homework question, no?
Hello again:
Good catch, both of you. Actually, stock could refer to the stuff I've got in my refrigerator.
excon
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