Question

Crux Inc. and Synapse Inc. are two competing businesses in the same city. They use the services of the same insurance company and have taken the same policy. Crux has a higher deductible than Synapse for the policy. Which of the following statements would be true in this case?

A. Both companies are not paying any premium.

B. Synapse pays a higher premium than Crux.

C. Both the companies pay the same premium.

D. Crux pays a higher premium than Synapse.

Answer

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