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.
Ans: B) It has a $500 limit for trailers not used with watercraft.
Business
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The cost of obsolescence, damage, and theft is considered part of:
A) Shortage Costs B) Opportunity Costs C) Carrying Costs D) Insurance Costs
Business
How much of the $3,000,000 regularly scheduled principal payment is distributed to the senior class?
What will be an ideal response?
Business