What is the main difference between replacement cost coverage and actual cash value coverage?
A) Replacement cost coverage does not consider depreciation.
B) Actual cash value does not consider depreciation.
C) Replacement cost coverage requires an endorsement to your policy
D) All of the above are correct.
E) Only A and C are correct.
Answer: E
Business
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Which of the following is the result of the maker of a promissory note failing to pay the note on the due date?
A) a discounted note B) a depreciated note C) an amortized note D) a dishonored note
Business
The estimated time required to earn sufficient net cash flow to cover the start-up investment is called the repayment period
Indicate whether the statement is true or false
Business