All of the following are covered under a Homeowners Policy, except:

A) A garage that is rented to a neighbor for private garage purposes.
B) All living expenses that occurred elsewhere after a covered loss.
C) Property of guests and servants.
D) Equipment that is used to maintain the property.

Ans: B) All living expenses that occurred elsewhere after a covered loss.

Business

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The Easton vs. Strassburger case 1984 helped define a brokers duty to disclose material facts to a potential buyer. Which of the following best to find the disclosure required:

a. A list of obvious property defects and any functional obsolescence. b. The statement that the property is being sold as is. c. A recommendation to obtain a professional property inspection. d. A list of property defects that are known or should be known.

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Which of the following must be satisfied in a nonlinear programming model?

a. The objective function must be nonlinear. b. The constraints must be nonlinear equations. c. Either a or b d. Neither a nor b

Business