Which of the following statements is (are) true with regard to an unendorsed ISO Dwelling Form?
I. The Dwelling forms provide theft coverage and personal liability insurance.
II. The Dwelling 3 form provides broader property coverage than the Dwelling 1 form.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
You might also like to view...
A company purchased a tract of land for its natural resources at a cost of $1,000,000. It expects to harvest 5,000,000 board feet of timber from this land. The salvage value of the land is expected to be $200,000. The depletion expense per board foot of timber is:
A. $0.20. B. $0.04. C. $0.24. D. $0.16. E. $0.75.
The direct labor and overhead costs of providing services to clients are accumulated in:
A) finished services expense B) work in process C) administrative salaries expense D) overhead
______________________________ benefits are provided for temporary and permanent disability, disfigurement, medical expenses, and medical rehabilitation.
Fill in the blank(s) with the appropriate word(s).
In the context of building wealth for retirement, which of the following statements is true of a Rothindividual retirement account (IRA)?
A. The contributions you make to a Roth IRA arenottax deductible at the time you make them. B. Earnings on the contributions you make to a Roth IRA are taxable. C. You need to pay taxes on the distributions you receive from a Roth IRA after you retire. D. There is no limit on the amount that you can contribute each year to a Roth IRA.