All of the following are commonly excluded by personal umbrella policies EXCEPT

A) acts committed with the intent to cause bodily injury or property damage.
B) professional liability.
C) aircraft liability.
D) libel, slander, and other types of personal injury.


Answer: D

Business

You might also like to view...

A corporation's stockholders' equity section of the balance sheet may contain all except

a. T. McDonald, capital b. Retained earnings c. Additional paid-in capital d. Common stock

Business

Paula develops a new espresso machine that she names "Sure Shot.". She also writes an operating manual for the machine. Paula can obtain trademark protection for

a. the espresso machine. b. the "newness" of the espresso machine. c. the name"Sure Shot.". d. the operating manual.

Business

Oni's Adventure Travel and Paquito's Wild River Tours form a joint venture. Oni can participate in the venture's management A) only to the extent that she assumes liability for the venture's debts

B) only to the extent of her investment in the venture. C) to any extent. D) to no extent.

Business

At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 shares of common stock outstanding

Based on this information, Tangshan's book value per share of common stock is ________. A) $105 B) $10.50 C) $15 D) $150

Business