Which of the following statements about the personal liability coverage (Coverage E) of an unendorsed homeowners policy is true?
A) Coverage is written on an accident basis.
B) Coverage is provided for bodily injury liability.
C) Coverage is provided for business and professional liability.
D) Coverage is provided for personal injury liability.
Answer: B
You might also like to view...
"Does" is a(n) _____ of "do."
A. consecutive adjective B. homonym C. antonym D. inflectional form
Raw MaterialsBal7,000(2)24,000(1)19,000 Work In ProcessBal11,000(7)?(2)15,000 (4)18,000 (6)31,000 Finished GoodsBal18,000 (7)62,000 15,000 Manufacturing Overhead(2)9,000(6)31,000(3)16,000 (4)8,000 (5)5,000 Accumulated Depreciation--Factory Bal82,000 (3)16,000 Sales Salaries Expense(4)11,000 Accounts Payable Bal (1)19,000 (5)5,000 Salaries and Wages Payable Bal7,000 (4)37,000 The manufacturing overhead applied is:
A. $38,000 B. $24,000 C. $42,000 D. $31,000
A valid contract can legally be voided by either party.
Answer the following statement true (T) or false (F)
Wages paid by an employer to an employee who is the employer's child under age 18 are not subject to federal FICA and unemployment taxes.
Answer the following statement true (T) or false (F)