Don executes a will leaving half of his farm to his spouse elsie and the rest to his sons, frank and greg, in equal shares. the will disinherits a third son, hal. don and elsie divorce, but don dies before changing his will. under the uniform probate code a. elsie receives half of the farm, and frank and greg share the rest. b. elsie receives half of the farm, and frank, greg, and hal share the rest. c. frank and greg receive the entire estate in equal shares. d. the state inherits the entire estate.

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value