Which of the following types of water damage is covered under an unendorsed Homeowners 3 policy?
A) damage from a flood caused by torrential rain
B) damage from water backing up through a drain
C) damage from water below the surface of the ground that seeps into a basement
D) damage from water that overflows from a malfunctioning washing machine
Question 2
Because they occur in private, stricter regulations are placed on the private placement of securities.
Indicate whether the statement is true or false
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