Exam (elaborations)
AINS 101/56 QUESTIONS WITH 100% CORRECT ANSWERS
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AINS 101/56 QUESTIONS WITH 100% CORRECT ANSWERS Actual cash value (ACV) - ANSWER-The cost to replace property with new property of like kind and quality less depreciation. Adverse selection - ANSWER-Insuring individuals with a high probability of loss at a cost lower than the insurer would...
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