« previous next »

Author Question: Under which of the following rules is actual cash value determined by taking into consideration all ... (Read 65 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jul 11, 2018
Under which of the following rules is actual cash value determined by taking into consideration all relevant factors an expert would use to determine the value of the property?
 
  A) the circumstantial evidence rule
  B) the broad evidence rule
  C) the property indemnity rule
  D) the objective value rule

Question 2

Sam's furniture was destroyed by a fire. The furniture cost 1200 when it was purchased, but similar new furniture now costs 1800. Assuming the furniture was 50 percent depreciated, what is the actual cash value of Sam's loss?
 
  A) 600
  B) 900
  C) 1200
  D) 1800


joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Taking a Patient’s Temperature with a Tympanic Thermometer Taking a Patient’s Temperature with a Tympanic Thermometer
Taking a Wound Culture Taking a Wound Culture
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Rules of Differentiation Rules of Differentiation
Chloroplast segregation determined by mating type in Chlamydomonas Chloroplast segregation determined by mating type in Chlamydomonas
Video: Cerebral Cortex Animation

For a complete list of videos, visit our video library