Author Question: Owen's car is insured under a Personal Auto Policy (PAP). A hail storm occurred one evening, and his ... (Read 51 times)

@Brianna17

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Owen's car is insured under a Personal Auto Policy (PAP). A hail storm occurred one evening, and his car was severely damaged. Which PAP coverage, if Owen purchased it, would cover this damage to his auto?
 
  A) property damage liability
  B) uninsured motorists property damage
  C) collision
  D) other-than-collision

Question 2

DuPont analysis indicates that the return on equity may be boosted above the return on assets by
  using leverage (debt).
 
  Indicate whether the statement is true or false


mistyjohnson

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Answer to Question 1

Answer: D

Answer to Question 2

TRUE



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