All of the following are covered under the dwelling coverage (Coverage A) of the Homeowners 3 policy EXCEPT
A) any structure attached to the dwelling.
B) the land on which the insured dwelling is located.
C) materials and supplies intended for alteration or repair of the dwelling.
D) materials and supplies intended for construction of a detached garage.
Answer: B
Business
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Max opened his dental practice (a sole proprietorship) in March 2017 . At the end of the year, he has unpaid accounts receivable of $62,000 and no unpaid accounts payable. Should Max use the accrual method or the cash method for his dental practice?
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