« previous next »

Author Question: Under which of the following rules is actual cash value determined by taking into consideration all ... (Read 55 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?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

The postoperative client supports an incision with a folded pillow when taking a deep breath and cou The postoperative client supports an incision with a folded pillow when taking a deep breath and cou
Free Energy Rules: The Second Law in Open Systems Free Energy Rules: The Second Law in Open Systems
Effects of Retrieval Practice on Predicted and Actual Memory Performance Effects of Retrieval Practice on Predicted and Actual Memory Performance
Display Rules Display Rules
Breaking the Rules Breaking the Rules
Simple Mathematical Rules Useful in Working Genetics Problems Simple Mathematical Rules Useful in Working Genetics Problems
Video: Simple Diffusion - gases and nonpolar compounds transport

For a complete list of videos, visit our video library