Which of the following would NOT be covered under Coverage B of the Homeowners forms?

a. A separate building on the insured premises used for business.
b. A building connected to the main dwelling only by a fence.
c. A private garage rented to a non-tenant.
d. An in-ground swimming pool.

Ans: a. A separate building on the insured premises used for business.

Business

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Collins Partnership has a December 31 tax year, which is the tax year of its partners. Collins Partnership is not a member of a tiered structure nor has it previously made a Sec. 444 election. If Collins makes a Sec. 444 election, which of the following could the partnership elect as a tax year?

A. September 30. B. March 31. C. June 30. D. December 31.

Business

Which of the following would be least helpful when developing ethical messages in an international work environment?

A) Seek mutual ground B) Send and receive messages without judgment C) Have the legal department ensure the validity of a contract D) Send messages that are honest E) Show respect for cultural differences

Business