1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VikaD [51]
3 years ago
6

The insured owns an older home with lath and plaster walls. Following a kitchen fire, the insurance company pays to have the wal

l replaced with drywall that is just as functional, but costs less than lath and plaster. Which loss valuation allows the insurance company to have plaster replaced with drywall?
Business
2 answers:
Umnica [9.8K]3 years ago
4 0

Answer:

Answer is Functional Replacement Cost.

Refer below.

Explanation:

Functional Replacement Cost — the cost of procuring another thing of property that will play out a similar capacity with equivalent productivity, regardless of whether it isn't indistinguishable from the property being supplanted.

Stolb23 [73]3 years ago
3 0

Answer:

Functional Replacement Cost.

Explanation: Functional Replacement Cost is the cost of acquiring another equipments which has the capacity of performing the same functions as the one being replaced. In this case,the equipment acquired may not be similar to the one which it is aimed at replacing.

Functional replacement policy is a policy or product of Insurance companies which helps subscribers to be able to replace such items which may have been destroyed by fire or other accidents.

You might be interested in
​the main objective of _____ is to avoid problems or to identify them as soon as possible.
Nezavi [6.7K]
<span>The main objective of quality assurance is to avoid problems or to identify them as soon as possible. Quality assurance is making sure that a product or service maintains a set level of faulty. If more attention needs to be put on the processes to make sure that the quality stays, that's okay, but it needs to be maintained. QA is a shortened version of quality assurance and many company's have a QA team set in place so that mistakes and defects are prevented. </span>
7 0
3 years ago
Which has more elastic Supply in the short run, ice cream or oranges?
Cerrena [4.2K]
Ice Cream. E<span>lasticity is higher when the good are luxuries and ice cream has </span>to actually be made.
8 0
3 years ago
Which of these is a natural result of specialization? A) Isolation is caused by specialization. B) When people specialize they b
Katena32 [7]
<span>C)<span>Specialization leads to interdependence.</span></span>
4 0
3 years ago
Read 2 more answers
The exercise value is also called the strike price, but this term is generally used when discussing convertibles rather than fin
ryzh [129]

Answer:

False

Explanation:

The strike price is used at the time of trading of the options, while on the other hand the option that could be exercised is when take place when there is a delivery of the stock. Basically it means that the stock that can be predicted value and it is set by the seller of the contract. Also it is to be termed as the convertible bonds, but it should be more used for the option trading

Therefore the given statement is false

3 0
3 years ago
The management of Woznick Corporation has been concerned for some time with the financial performance of its product V86O and ha
kumpel [21]

Answer:

a. ($35,000)

Explanation:

The computation of the financial advantage or disadvantage of dropping product V860 is shown below:

= Sales - Variable cost - Avoidable fixed manufacturing - Avoidable fixed selling

= $150,000 - $72,000 - $30,000 - $13,000

= $35,000

This $35,000 would be a financial disadvantage and the fixed cost should not be considered as it is not held for decision making purpose

Hence, the correct option is a

6 0
3 years ago
Other questions:
  • ​​Lakeside, Inc. estimated manufacturing overhead costs for the year at $371,000​, based on 180,000 estimated direct labor hours
    7·1 answer
  • Consumer protection is an important issue, but how much responsibility should the government have in protecting consumer? There
    11·1 answer
  • "Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of
    9·1 answer
  • In the financial year 2016, for every $100 in revenues, Microsoft earned $21.5 in profit, while Apple earned $20.6 in profit. Th
    9·1 answer
  • What is the area of a triangle base 20ft and the hight of 14ft​
    5·1 answer
  • A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly payments. The monthly payment i
    5·1 answer
  • In a perfectly competitive industry rev: 06_26_2018 Multiple Choice economic profits may exist in the long run but not in the sh
    11·1 answer
  • EVERYBODY SHARE THE GOSPEL MESSAGE WITH EVERYBODY YOU KNOW!
    10·1 answer
  • The principle that people face tradeoffs applies to:.
    11·1 answer
  • The ________ the cost of a home, the ________ the insurance. A higher; higher B higher; lower C lower; higher D none of the abov
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!