A trustee cannot make decisions on matters that could not be foreseen by the settlor
Indicate whether the statement is true or false
False
Business
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Facilitating goods in a hotel's bill of resources would include a:
A) housekeeper. B) fax machine. C) towel. D) front-desk clerk.
Business
The replacement cost of a home covered under the HO-3 policy is $100,000. Assume the home is insured for $50,000 and a $10,000 loss occurs (replacement cost). Also assume depreciation is set at 10 percent. Assume that there is no deductible
How much will the insured recover if repaired? A) $9,000 B) $10,000 C) $8,000 D) $6,250
Business