The present value of a single amount in the future can be determined using a present value of $1 table
Indicate whether the statement is true or false
TRUE
Business
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Which statement is false about a Homeowners Policy?
A) It will cover theft from a safe deposit box. B) It has a $500 limit for trailers not used with watercraft. C) The replacement clause eliminates the deduction for depreciation. D) It will cover property that has been borrowed.
Business
Which of the following phrases describes the term covenant?
A) an unconditional promise to perform B) a breach of contract C) mutual rescission of a contract D) successive assignments of a right
Business