Answer:
depreciation
Explanation:
Based on the information provided within the question it can be said that the term that is being described in this question is called depreciation. This is the reduction in the value of an asset as time goes by, and is mainly due to the fact that the asset experiences wear and tear and is not in the same condition as it was when it was purchased, therefore there is less demand for it.
<span>FALSE. You must carry insurance on motorcycles as well as cars. </span>
Answer:
Total Claim = $2416
Explanation:
The coverage on the currency = $250
The coverage on the jewelry = $1000
The limit on the gold, pewter, and silver = $2500
The amount that is stolen:
The amount of cash = $270
The worth of jewelry = $1734
Pewterware = $1666
The miximum coverage = 250 + 1000 + 2500 = $3750
Actual loss = 270 + 1734 + 1666 = $3670
Reimbursement amount = 250 + 1000 + 1666 = $2916
Total Claim = Total Amount Covered – Deductible
Total Claim = $2916 - $500 = $2416
Answer:
C. Location attributes
Explanation:
According to my research on property value attributes, I can say that based on the information provided within the question the attribute that can drastically change a properties value is the Location Attribute. This is because Real Estate value depends mostly on it's location. For Example, if a house is in a good neighborhood it can be worth a lot more than a house in another location, but if that same neighborhood then becomes a drug trafficking/gang hotspot the price of that house drops drastically because no one wants to purchase it.
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