Tara Operates a Small Computer Design Business

question 41

True/False

Tara operates a small computer design business.Her primary asset is her computer system, which she bought four years ago for $25 000.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 $25 000 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:

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Nonverbal Communication

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