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RMIN 4000 Test 3 Brown| Questions and Answers 100% Correct

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RMIN 4000 TesRMIN 4000 Test 3 Brown| Questions and Answers 100% CorrectRMIN 4000 Test 3 Brown| Questions and Answers 100% CorrectRMIN 4000 Test 3 Brown| Questions and Answers 100% Correctt 3 Brown| Questions and Answers 100% Correct Principal of Indemnity - ANSWER-insurer pays no more than actual amount of the loss; insurer should not profit from the loss Replacement cost - ANSWER-the cost to replace an inventory item in its identical form (similar workmanship and quality) Actual Cash Value - ANSWER-replacement cost - depreciation

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RMIN 4000
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Uploaded on
March 6, 2024
Number of pages
8
Written in
2023/2024
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Exam (elaborations)
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Questions & answers

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  • rmin 4000 test 3 brown questions and answers 100
  • rmin 4000 test 3 brown questions and answers 1202
  • principal of indemnity answer insurer pays no m
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