An appraisal is valid for what length of time?
a. One year.
b. Six months.
c. Ninety days.
d. The date stated in the report.
Answer: d. The date stated in the report.
Business
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Which of the following is NOT an external failure cost?
A. returned goods B. costs to society C. scrap D. lost goodwill
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Which of the following statements is (are) true regarding renters insurance?
I. Renters insurance is needed if you rent a house, but is not needed if you rent an apartment. II. The ISO renter's policy provides open perils ("all-risks") coverage on the insured's personal property. A) I only B) II only C) both I and II D) neither I nor II
Business