A sales territory is a group of present and potential customers assigned to a salesperson

Which statement(s) is(are) true with regard to Coverage E - Personal Liability?

I. In addition to liability coverage, the insurer will cover legal defense costs. II. The coverage will only respond to accidents, not occurrences. a) I only b) II only c) Both I and II d) Neither I nor II

All of the following statements are correct about controllable costs except

a) all costs are controllable at some level of responsibility within a company. b) fewer costs are controllable as one moves up to each higher level of managerial responsibility. c) all costs are controllable by top management. d) costs incurred directly by a level of responsibility are controllable at that level.