One of the "Tips for Buying a Homeowners Policy" is to consider purchasing a personal umbrella policy. What coverage is provided by a personal umbrella policy?
A) blanket property coverage for any damage caused by water
B) excess liability coverage and coverage for some liability claims excluded by underlying policies
C) all-risk, replacement cost, property coverage
D) coverage for business and professional liability
Answer: B
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William buys a $500,000 house from Keith Geller through a realtor. He makes a down payment of $200,000. He borrows the rest from Smith and Sons, a lending firm, and places his new house as collateral for the loan. Who is the debtor in this case?
A) William B) Keith Geller C) Smith and Sons D) the realtor
Under common law, to enjoin a competitor from continuing the use of a trade secret, or to recover damages caused by the use of the secret, a plaintiff must prove that the defendant used the trade secret without the plaintiff's permission
Indicate whether the statement is true or false
What types of information might an entrepreneur needs in regards to manufacturing operations?
What will be an ideal response?
Sealy, the self-proclaimed largest manufacturer of mattresses in the U.S., recently set out to redefine its function in the bedrooms of America. No longer did it want to be known as simply a mattress company. It wanted Sealy to be known as the world's leading "sleep wellness provider." This is an example of ________.
A. repositioning B. reverse marketing C. demarketing D. positioning E. segmenting