One additional coverage under the homeowners policy makes available up to 10 percent of the Coverage A limit to cover increased repair costs after a loss in order to comply with a stricter building code. This additional coverage is called

A) ordinance or law.
B) reasonable repairs.
C) concurrent causation.
D) debris removal.


Answer: A

Business

You might also like to view...

Companies should first think about the target market and then design the supply chain backward from that point. This strategy is called ________ planning

A) demand chain B) resource C) external channel D) materials E) strategic business

Business

Which of the following is NOT true regarding "topside" journal entries used to commit financial statement fraud?

a. Upper management usually records the journal entry. b. Entries are recorded to subsidiary ledgers. c. The journal entry may be recorded after normal business hours. d. Entries often bypass the normal process for posting journal entries.

Business

A person who receives a check as a gift cannot qualify as a holder in due course.

Answer the following statement true (T) or false (F)

Business

Which of the following is NOT a category on the service continuum?

A) goods-dominated products B) service-dominated goods C) equipment-based services D) facility-based services E) people-based services

Business