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Author Question: All of the following statements about the businessowners policy are true EXCEPT A) Coverage for ... (Read 56 times)

lilldybug07

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All of the following statements about the businessowners policy are true EXCEPT
 
  A) Coverage for business personal property includes coverage for leased personal property which the named insured has a contractual responsibility to insure.
  B) The amount of insurance on the buildings increases by a stated percentage each year.
  C) Additional coverages include pollutant cleanup and removal.
  D) The policy must be written with a deductible of at least 2,000 for property losses.

Question 2

The process of determining the effects of one key variable on the overall outcome of a pro forma income statement, for example, is known as:
 
  A) ratio analysis.
  B) scenario analysis.
  C) sensitivity analysis.
  D) form analysis.



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owenfalvey

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Answer to Question 1

Answer: D

Answer to Question 2

C




lilldybug07

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Reply 2 on: Jul 11, 2018
:D TYSM


matt95

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Reply 3 on: Yesterday
Excellent

 

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