Which of the following is (are) covered under an unendorsed Commercial General Liability Policy?
I. False arrest of a customer wrongly accused of shoplifting
II. Publication of material that violates an individual's right to privacy
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
Business
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The surrender value on a life insurance policy is equal to the
A) cash value. B) face value. C) amount of death protection. D) cash value plus surrender dividends less outstanding loans and surrender charges.
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Why is credit enhancement required in a securitization?
What will be an ideal response?
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