Mr. Xavier has an HO-3 contract with $100,000 dwelling coverage, $50,000 personal property coverage, and a $500 deductible. The dwelling is 50% depreciated
Sewage backs up into the basement and destroys the furnace, which will cost $8,000 to replace. The policy will pay:
A) nothing because of the water damage exclusion
B) nothing because the property is not covered
C) $7,500 because of replacement cost coverage
D) $3,500 because of actual cash value and the deductible
A
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Roberts Enterprises has budgeted sales in units for the next five months as follows: June4,500units??July7,100unitsAugust5,300unitsSeptember6,700unitsOctober3,700units?Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 410 units. The company needs to prepare a production budget for the second quarter of the year.?The desired ending inventory for August is:
A. 370 units B. 710 units C. 670 units D. 530 units
"Seventy-?ve percent of Wisconsin residents voted in the last presidential election" is an example of a(an)
A) testimony B) story C) statistic D) explanation
An associative counterfeit uses a product name that differs slightly from a well-known brand but is close enough that consumers will associate it with the genuine product
Indicate whether the statement is true or false
When teams engage in ________, their activities are focused on generating novel and useful ideas and solutions.
A. creative behavior B. boundary spanning C. interpersonal processing D. groupthink E. decision making