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Author Question: Which of the following statements concerning the scheduled personal property endorsement with agreed ... (Read 66 times)

CBme

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on: Jul 11, 2018
Which of the following statements concerning the scheduled personal property endorsement with agreed value loss settlement is (are) true?
 
  I. The endorsement provides open-perils (all-risks) coverage on the scheduled property.
  II. Losses under the endorsement are settled on an actual cash value basis.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

A firm's pro forma balance sheet typically starts with liabilities and equity and THEN proceeds to assets
 
  Indicate whether the statement is true or false


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Amiracle

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

FALSE


CBme

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
:D TYSM

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