Which of the following statements about the ISO businessowners policy is true?

A) The current form is written on a named-perils basis, but an "open-perils" (all risks) endorsement is available.
B) It provides business income and extra expense coverage as an additional coverage.
C) The policy covers business personal property but does not cover buildings.
D) The policy is designed to meet the special needs of large businesses.


Answer: B

Business

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Interlocking goals characterize ________ parties-the parties need each other in order to accomplish their objectives and each has the potential to influence the other party.

Fill in the blank(s) with the appropriate word(s).

Business

According to the human resource management school, how are efficiency, equity and voice achieved in society? What does this school of thought have to say about the role of government and unions?

What will be an ideal response?

Business

In a break-even problem, which costs are considered?

a. Fixed costs b. Variable costs c. Both fixed and variable costs d. Neither fixed nor variable costs

Business

A ________ is any trade name, symbol, word, logo, design, or device used to identify and distinguish goods of a manufacturer or seller or services of a provider from those of other manufacturers, sellers, or providers.

A. trade secret B. patent C. trademark D. copyright

Business