Which of the following statements about mobile home insurance is (are) true?
I. Coverage for the mobile home may be written on either a replacement cost basis or an actual cash value basis, depending on how much the mobile home has depreciated.
II. An additional coverage pays, up to a specified dollar limit, for the cost of transporting the mobile home to a safe place when it is endangered by a covered peril.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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