Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Insurance
New Topic  
AzJose AzJose
wrote...
Go to Answer
Posts: 679
Rep: 0 0
6 years ago
Some courts have ruled that an alternative to "replacement cost less depreciation" should be used to determine the actual cash value of a property loss. Under this alternative, the value of property lost is determined by the price a willing buyer would pay a willing seller for the property in a free market. This method of determining actual cash value is called the
A) intrinsic value method.
B) valued policy method.
C) fair market value method.
D) reconstruction cost method.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
Read 63 times
2 Replies
Replies
Answer verified by a subject expert
Toni_AnnetteToni_Annette
wrote...
#1
Top Poster
Posts: 581
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

AzJose Author
wrote...
#2
5 years ago
Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1261 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 229
  
 407
  
 193
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Should Ph.D.'s be addressed as doctors?