Pls help ASAP Which one (1) of the following is NOT true of the"Replacement Cost" coverage under a HomeownersComprehensive policy?Replacement cost coverage applicable to both the building and personal propertyinsured under the policy is basic coverage in all such policies.Replacement cost coverage for contents must be endorsed on to the policy.Payment will be made without deduction for depreciation.Replacement must be made with property of similar quality.

Homeowners insurance is an essential precaution that provides financial protection against…

Answered: Which one (1) of the following is NOT…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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As a member of a local Realtors® association, Broker Mel is generally obligated to place all her listings on the MLS. On one recent occasion, she did not. Evaluate the following scenarios and select the one that provides a justifiable reason for Mel's actions. Mel's client lives in a high-traffic area where a yard sign will bring in all the buyer prospects they could hope for, so an MLS listing is unnecessary. Mel's seller-client is a professional athlete who wants to keep his transaction very private and has asked that his property not be put on the MLS. Mel's client has an immaculate home that will sell easily and fast without being published on the MLS. Mel's client is on a very tight budget and is not willing to pay much in the way of commission on the sale of their home.
1. provide an example of products purchased for a business where the risk of loss is on the seller. 2.provide an example where the risk of loss is on the buyer.
Suppose for the sake of argument that a company uses Kerberos.What will take place in the event that either the AS or the TGS ceases working?
9. Nizwa Company bought an equipment for manufacturing tube lights and the company management requested you to analyze and submit the report regarding the four major factors that required to consider for calculating depreciation of an equipment?
Determine the type of risk response being described in each case.Mr. Author annually publishes a new version of his textbook. He acknowledges that some students will use the old version instead. He also understands that some students will obtain a fake copy of his book. This will like reduce his sales volume. a. Avoidanceb. Mitigationc/ AcceptanceABC Corporation does not want to be liable for transportation losses. It sells only with the terms FOB Shipping point. a. Avoidanceb. Mitigationc. AcceptanceEmployees are required to participate in the annual earthquake drill. They are reminded to keep calm to avoid stampedes. a. Avoidanceb. Mitigationc. Acceptance
96 A lender should not extend a higher-priced mortgage to a borrower before obtaining which of the following items? A) Nmls listing B) Fair market value C) A written appraisal D) County tax assessment
mmen 94. if an insured dies during the grace period and the premium has not been paid, which The policy has lapsed and no benefit will be paid A pro-rated benefit will be paid based on the amount of time over due The death benefit will be paid less the premium due The beneficiary must reinstate the policy to receive benefits I
Insurance, maintenance and other expenses are included in the rental charge is (are) not true for the lease option explain?
Your insured lives in an apartment but takes a temporary position in another city and must store some major furniture items in a storage warehouse until he/she returns. In the interim the unfurnished apartment is sublet to a friend. Subsequently, the warehouse is broken into and some of your insured's furniture is stolen. What would a Tenants Comprehensive policy pay? OA) The actual cash value or replacement cost of the property stolen less the policy deductible, subject to the 10% limitation on property temporarily removed. OB) Nothing. The loss is not covered. OC) The actual cash value or replacement cost of all the personal property stolen, less the policy deductible, subject to the policy limit. OD) That proportion of the loss which the value of the property at the warehouse bears to the total value of all of his/her personal property.
Explain Acceptable risk of overreliance (ARO)?
If a lessor is a merchant who is holding the goods for the buyer to pick up, the risk of loss passes to a lessee when the lessee takes physical possession of the goods. True False
100 551 3277 CE P Suzie went grocery shopping and saw a Girl Scout selling cookies outside the store. When asked if she'd like to buy any, Suzie politely declined and went about her shopping. However, when she got home, her neighbor's daughter, who is also a Girl Scout, asked Suzie to buy some cookies. Suzie felt obligated so she purchased two boxes. What led to Suzie's change of heart?

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