Which of the Following Statements About the Appraisal Clause in the Homeowners

question 35

Multiple Choice

Which of the following statements about the appraisal clause in the Homeowners 3 policy is (are) true?
I.It is used to determine a value for personal property when the policy is issued.
II.It is used to help settle disputes over the amount of a loss after a loss has occurred.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividend payments.

Efficient Markets Hypothesis

The theory that all available information is already reflected in stock prices, implying it is impossible to consistently achieve higher returns.

Weak-Form Efficient

A theory stating that all past prices of a stock are reflected in its current price and that technical analysis cannot consistently outperform the market.

Above-Normal Rate Of Return

Earnings that exceed what is typically expected or required, often reflecting superior performance or risk.