A "with average" policy contains a ________ that provides for payment only if the loss exceeds a specified minimum amount

A. Himalaya Clause
B. franchise clause
C. constructive loss clause
D. loss payee clause


B

Business

You might also like to view...

It is important that processes to create value precede those to claim value for two reasons. What are the two reasons?

What will be an ideal response?

Business

Exaggerating on your résumé ________

A) is acceptable to a given level B) is often overlooked if the information is trivial C) is acceptable if the information pertains to your previous job but not current job D) can't hurt you after you have been given the job E) can be perceived as lying by potential employers

Business

Which part of the computer actually performs computations?

a. central processing unit (CPU) b. main memory c. arithmetic-logic unit d. control unit e. output device

Business

The phrase Six Sigma has two meanings. One is statistical, referring to an extremely high process, product, or service capability; the other is a comprehensive system for achieving and sustaining business success

Indicate whether the statement is true or false

Business