Which of the following losses would be covered under Section II of an unendorsed Homeowners 3 policy?
A) The homeowner accidentally dropped a bowling ball, injuring another bowler's foot.
B) The homeowner's nanny was injured on her day off while hiking at a state park.
C) The insured slandered a city council member at a city council meeting.
D) The homeowner's dog bit the homeowner's daughter.
Answer: A
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A) The shorter the payment period, the lower the premium B) The longer the payment period, the higher the premium C) The shorter the payment period, the higher the premium D) The payment period has no affect on the premium payment
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Liquidity is an economic characteristic of land.
a. true b. false
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