Which of the following property is covered under the personal property coverage (Coverage C) of the Homeowners 3 policy?
A) a pet dog owned by the named insured
B) a bicycle owned by a foster child living with the named insured
C) a motor vehicle owned by the named insured
D) a stamp collection insured under a separate policy
Answer: B
You might also like to view...
Often consumers base their perception of price on what they perceive to be the customary or ________
A) dynamic price B) fair price C) target price D) list price E) assimilated price
QuadCity Manufacturing, Inc. reported the following items:
Sales = $6,000,000; Variable Costs of Production = $1,500,000; Variable Selling and Administrative Expenses = $550,000; Fixed Costs = $1,350,000; EBIT = $2,600,000; and the Marginal Tax Rate = 35%. QuadCity's break-even point in sales dollars is A) $2,050,633. B) $2,785,000. C) $2,197,500. D) $2,438,750.
The overwhelming majority of B2C purchases are paid for by credit card
Indicate whether the statement is true or false
Julianne Fong started a company which sells equipment to retrofit buildings for the physically challenged. Julianne will pay $485.60 for a wheel chair access water cooler, with front and side push bars to activate the water fountain. If she decides to mark up the price 37.5% based on cost, what will be the selling price of the water cooler?