The functional replacement provision in some property insurance policies is used when:
A) replacing a lost item is impossible
B) replacing a lost item is much cheaper than expected
C) replacing a building will cost much more than its market value
D) an insured set of objects is collectively worth more than the sum of its individual components
C
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The existence of implicit cognition leads people to make ________ decisions without realizing they are doing so.
A. biased B. predictable C. independent D. attentive E. perceptive
Rodrigo and Raquel are married with no children and reported the following items on their 2019 tax return: Adjusted gross income $190,000 Less: Deductions from adjusted gross income Qualified housing interest $10,500 State income taxes 13,000 Property taxes 7,000 Charitable contributions 4,000 ? Determine Rodrigo and Raquel's regular tax liability and, if applicable, the amount of their alternative minimum tax.
What will be an ideal response?
Federal authority to control air pollution was established by the:
a. Free Air Act b. Fresh Air Act c. Clean Environment Act d. No Pollution Act e. none of the other choices are correct
On April 1, 2019, a firm accepted a 6-month, 10 percent note for $1,800 from a customer with an overdue balance. The accrued interest recorded for this note for the year ended June 30, 2019, is
A. $90. B. $45. C. $180. D. $15.