Which of the following statements is (are) true regarding how the Homeowners 3 policy handles the peril of collapse?
I. Collapse is specifically excluded, and there are no exceptions to the exclusion.
II. Collapse that is caused by a Coverage C peril is covered.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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As a rule, the collective impact of competitive pressures associated with the five competitive forces
A. determines the extent of the competitive pressure on industry profitability. B. means there will be a larger number of competitive advantage opportunities for industry members. C. means there will be a greater number of industry key success factors. D. determines the strength of the industry's driving forces. E. means that fewer companies can achieve a competitive advantage via anything other than being the industry's low-cost leader.
A crime is a violation of statutory law
a. True b. False Indicate whether the statement is true or false
The mere possession of land without right is called a tenancy at will
Indicate whether the statement is true or false
Location is probably the single most important factor affecting the success of the ________
business establishment. A) manufacturing B) retailing C) wholesale D) both A and B above E) both B and C above