Tara Operates a Small Computer Design Business

question 6

True/False

Tara operates a small computer design business.Her primary asset is her computer system,which she bought four years ago for $10 000.She bought property insurance with respect to that machine.Tara's computer was recently stolen.Her insurance policy covers loss by theft and the insurance company admits that it must pay a benefit to Tara.The concept of indemnification necessarily means that Tara will receive either $10 000 or the price of a new computer that is at least as good as her old computer was when it was new.

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Definitions:

Disordered

A state or condition in which there is a disruption or disturbance of normal functioning or arrangement.

Socioeconomic Classes

Categories of people sharing similar levels of wealth, income, education, and occupational prestige, influencing lifestyle and opportunities.

Privileged

Having special rights, advantages, or immunities that are not available to everyone.

Substance Abuse Disorder

A condition characterized by the excessive use of substances, including alcohol and drugs, leading to significant impairment or distress.