Question: 27. Serena purchased flood coverage under a general property form for the commercial building she has owned and occupied for the past 5 years. What

 27. Serena purchased flood coverage under a general property form for

27. Serena purchased flood coverage under a general property form for the commercial building she has owned and occupied for the past 5 years. What valuation provision applies to the contents covered coverage in her policy? oa. Actual cash value (ACV) ob. None if she is under water on her mortgage OC. Replacement cost od. Functional replacement cost value

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