Which one of the following is an accurate description of the allowance for bad debts?

Explain the concept of greenwashing along with an example

What will be an ideal response?

You obtained a comprehensive general liability policy in respect of your business. The term of the policy is one year. It included coverage of $2,000,000 on the building in the event that it is destroyed by fire, etc

Six months later, you had an extension added to the building, and you wish to increase your coverage. Which of the following is TRUE? A) You should have a rider added to the policy. B) You should have an endorsement added to the policy C) You will have to obtain a brand new policy. D) You cannot obtain additional coverage until your policy expires. E) Both A and B