If the Value of a Vehicle Is Increased After Repairs,such

question 22

Multiple Choice

If the value of a vehicle is increased after repairs,such as repainting an entire auto when only one fender or door is damaged,the insurer will not pay for the increase in value.Another name for the increase in value is

• A)diminution.
• B)betterment.
• C)appraisal.
• D)subrogation.

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Definitions:

Inherited Money

Refers to wealth or assets passed down from one generation to another through wills or estates.

Ethnic Enclave

A geographic area with a high concentration of a particular ethnic group, distinct from the larger community in terms of culture, customs, and often language.

Italian Americans

A group of Americans of Italian descent, who have contributed significantly to American society, culture, and economy.

Little Italy

Neighborhoods in various cities characterized by a prominent Italian American presence, culture, and business community.