Carolyn is considering the purchase of a large (60-foot) boat. She called her insurance agent to see if she needs a separate policy for the boat
The agent said that a special category of insurance policies was designed to insure large watercraft. These policies are called
A) yacht insurance policies.
B) flood insurance policies.
C) floater policies.
D) Dwelling Property 3 (special form) policies.
Answer: A
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A fixed cost is a cost which
a. varies in total with changes in the level of activity. b. remains constant per unit with changes in the level of activity. c. varies inversely in total with changes in the level of activity. d. remains constant in total with changes in the level of activity.
A bearing wall in a home:
a. May be constructed at any angle to a doorway. b. Is usually left intact during remodeling. c. Usually include stronger members and other interior walls. d. All of the above are correct.