Which of the Following Statements Is LEAST-Likely True

question 21

Multiple Choice

Which of the following statements is LEAST-Likely true?

• A) Older vehicles are written up as a total loss more than late model vehicles.
• B) The first critical decision that the estimator must make is the repairability of the vehicle.
• C) The auto industry "NADA book" lists the market values for used vehicles in various conditions.
• D) The customer usually determines whether a vehicle is a total loss.

---

Definitions:

Liquidation

The process of winding up a company's operations and distributing its assets to claimants, typically occurring when the company is insolvent.

Preferred Shareholders

Investors who own preferred shares in a company, which often grant them priority over common shareholders in dividend payments and asset liquidation.

Dividend Growth Model

The dividend growth model is a valuation method used to estimate the price of a company's stock based on the assumption that dividends will increase at a steady rate indefinitely.

Rate of Growth

The percentage growth in the magnitude or worth of an item during a particular timeframe.