In order to calculate a renter's insurance premium and know what will be covered, what information does the insurance company need?
A) the policyholder's net worth
B) a list of the policyholder's physical assets
C) the policyholder's credit score
D) a list of the policyholder's liabilities
E) the policyholder's balance sheet
Answer: B
Explanation: B) A person's physical assets include clothes, furniture, computer equipment, and other items that are inside the place of residence and would be covered under the policy. Nonphysical assets include financial things such as bank and retirement accounts.
You might also like to view...
The source of referent power is
A. derived from the manager's ability to provide effective incentives to employees. B. derived from the fact that the manager can potentially act as a reference when the employee applies for another job. C. a subordinate's identification with the leader. D. a leader's identification with the subordinates.
A bank emailing monthly statements to a customer would be an example of which type of information flow?
a. Internal b. Corporate c. Environmental d. Effective
If the act or threat would affect a person of average strength and intelligence, then and only then will the act constitute duress
a. True b. False Indicate whether the statement is true or false
Most civil cases are settled before they go to trial
Indicate whether the statement is true or false