All of the following statements about business income insurance are true EXCEPT

A) Business income is defined as total sales that would have been made if the loss had not occurred.
B) Payroll is considered a continuing normal operating expense.
C) Business income insurance does not cover the physical damage caused by a peril which created the interruption in business.
D) The business income coverage form can be purchased with a coinsurance requirement.


Answer: A

Business

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________ requires the salesperson to discuss an objection before a prospect has the opportunity to ask about it.

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What are contango and backwardation, and why were they important to MGRM's situation? Why is there often backwardation in the oil markets?

What will be an ideal response?

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