Your PIBP for a new Rolls-Royce is $135,000. Your friend, Ronnie, offers to give you his new RollsRoyce for free. Three minutes later, you receive a phone call from your friend asking to buy your...


Your PIBP for a new Rolls-Royce is $135,000. Your friend, Ronnie, offers to give you his new RollsRoyce for free. Three minutes later, you receive a phone call from your friend asking to buy your Rolls Royce. Which ofthe following must be true?


a. Your PISP must be greater than $ 135,000.


b. Your PISP must be less than or equal to $135,000.


c. Your PIBP for a second Rolls Royce is $135,000.


d. None of the above.



May 04, 2022
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