Question
I. Insurance is meant to help an insured profit from a loss. II. The actual cash value of property is calculated as replacement cost and
I. Insurance is meant to help an insured profit from a loss. II. The actual cash value of property is calculated as replacement cost and does not account for depreciation.
A. I is true and II is true
B. I is true and II is false
C. I is false and II is true
D. I is false and II is false
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The Infographic Guide To Personal Finance
Authors: Michele Cagan CPA, Elisabeth Lariviere
1st Edition
1507204663, 978-1507204665
