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26 November, 06:33

Davis purchased a brand-new television in six years ago for $1,200. This year, a fire occurred in his house and damaged his television. If Davis' property is insured for replacement value, what will he likely receive?

A) a check for $500 which is the depreciated value

B) a check for the amount of a television of comparable quality

C) nothing

D) an exact replacement TV from the manufacturer

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Answers (1)
  1. 26 November, 06:44
    0
    an exact replacement TV from the manufacturer
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