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Which of the Following Is the Correct Order in Which

Question 59

Multiple Choice

Which of the following is the correct order in which loss limitation rules are applied?


A) Basis rules 1ˢᵗ, at-risk rules 2ⁿᵈ, passive loss rules 3ʳᵈ.
B) Passive loss rules 1ˢᵗ, at-risk rules 2ⁿᵈ, basis rules 3ʳᵈ.
C) Basis rules 1ˢᵗ, passive loss rules 2ⁿᵈ, at-risk rules 3ʳᵈ.
D) Passive loss rules 1ˢᵗ, basis rules 2ⁿᵈ, at-risk rules 3ʳᵈ.
E) None of the choices are correct.

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