Examlex
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.
Sale Of Goods
The transaction between parties for the exchange of tangible and movable items for a price.
Natural Gas
A fossil fuel formed from the remains of plants and animals, used as an energy source due to its combustibility for heating, electricity generation, and as fuel for vehicles.
Sale For Goods
A transaction involving the transfer of ownership of goods from a seller to a buyer for a price.
Auto Dealer
A business entity that sells new or used cars at the retail level, based on a dealership contract with an automaker.
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