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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.


Definitions:

Esteem Needs

A level in Maslow's hierarchy of needs that includes respect, self-esteem, and recognition from others.

Maslow's Hierarchy

A theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Feeling Of Belonging

An emotional sense of being an accepted and integral part of a group, community, or environment.

Lower Level Job

Positions within an organization that typically require less experience and responsibility, often considered entry-level roles.

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