Jim borrowed $700,000 from Suburban Bank to buy a boat for his Alaskan king crab fishing business. He keeps the boat at a dock owned by the Barnacle Company. Jim also has a contract with the Landshark Fishing Company to transport his crabs from one port to another. Include the following in your paper:
The Balut Corporation has 4,000 sales representatives and employees in the United States who drive company trucks. The company’s risk manager has recommended to the firm’s management team that the company should implement a partial retention program for collision losses to company trucks. Include the following in your paper:
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