Examlex
Which of the following is NOT true?
Theft
The act of unlawfully taking someone else's property with the intent to permanently deprive them of it.
Lost Profits
Income that a business does not receive due to disruptions, such as breaches of contracts or other damages, which could have been earned if the disruption had not occurred.
Property Insurance
A type of insurance policy that provides financial reimbursement to the owner or renter of a structure and its contents in the event of damage or theft.
Actual Value
The true or fair market value of an asset or property.
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