The auto dealers coverage form pays for damages that the insured is legally obligated to pay because of damage to a customer's auto left in the insured's car while it is being serviced or repaired. This coverage is called

A) garagekeepers coverage.
B) general liability coverage.
C) other-than-collision loss coverage.
D) acts, errors or omissions liability coverage.


Answer: A

Business

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Our positive and negative evaluation of our self-concept or sense of personal worth is known as ______.

A. self-reliance B. self-conscience C. self-worth D. self-esteem

Business

You are interested in accumulating $10,000 so that you can take a cruise in 3 years. If you trying to solve for the amount that you need to invest each year, earning 6% interest compounded annually, the $10,000 represents:

a. The amount to invest. b. An annuity. c. A present value. d. A future value.

Business

Which of the following is not a potential fraud indicator in the acquisition cycle?

a. Expenses that are significantly above or below industry norms. b. Expense accounts that have significant debit entries. c. Unexpected increases in gross margin. d. Capital assets that seem to be growing faster than the business.

Business

General-purpose external financial statements are not primarily intended for

A) management. B) investors. C) suppliers of goods and services. D) lending institutions.

Business