Which of the following statements about the building and personal property coverage form is (are) true?
I. A limited amount of coverage is provided for pollutant cleanup and removal at the described premises if the release or discharge of the pollutant results from a covered cause of loss.
II. Fire department service charges are specifically excluded because they are a normal cost of doing business.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: A
You might also like to view...
For a gift of real property to be valid, the donor must deliver a properly executed deed to the property to the donee or to some third person to hold it for the donee.
Answer the following statement true (T) or false (F)
The horse walks from the Grass to the Pond and the llamas walk from the Fruit to the Shade. How much longer does the horse walk if each takes the shortest possible route?
A) 60' B) 50' C) 40' D) 35'
Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next two years will outpace the previous five even though the growth of American occupancy rates has begun to slow. Which competitive force is involved in this situation?
A. the threat of proprietary products B. the threat of new entrants C. the threat of favorable government policies D. the threat of new buyers
Which of the following federal laws grants the SEC the power to suspend all trading when markets are excessively volatile?
A) The Trust Indenture Act of 1939 B) The Market Reform Act of 1990 C) The Investment Advisors Act of 1940 D) The Remedies Act of 1990