Under Which of the Following Rules Is Actual Cash Value

question 16

Multiple Choice

Under which of the following rules is actual cash value determined by taking into consideration all relevant factors an expert would use to determine the value of the property?

• A)the circumstantial evidence rule
• B)the broad evidence rule
• C)the property indemnity rule
• D)the objective value rule

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Definitions:

Pronation

The rotation of the forearm or foot so that the palm or sole is facing downwards or backwards.

Cubital Joint

Also referred to as the elbow joint, it is a complex hinge joint involving the humerus, radius, and ulna bones of the arm.

Hinge Joint

A type of joint that allows motion in one plane, similar to the movement of a door hinge, such as the elbow or knee.

Saddle

A supportive structure placed on the back of an animal for riding or an engineering component designed to spread load.