Pro forma financial statements are an accountant's way of looking back to see what might have been.
Indicate whether the statement is true or false
Question 2
Which of the following statements concerning the coverage of collapse of the dwelling under an unendorsed Homeowners 3 policy is true?
A) There is no coverage for collapse, regardless of the cause of the collapse.
B) Collapse is covered if it is caused by one of the Coverage C perils.
C) If collapse is caused by an earthquake, the loss is covered.
D) There is no coverage for collapse unless the proper endorsement is added to the policy.
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