The homeowners policy agrees to cover the peril of collapse in the "Additional Coverage" section and not as a specified peril because:
A) of concurrent causation
B) of moral hazard
C) all perils are not defined in the contract
D) collapse of buildings should not be covered
A
Business
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Which of the following is a service that middlemen typically do NOT provide
a. Inventory control b. Advertising and promotion c. Order fulfillment d. Warrantee service
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Which of the following best defines a subsidiary corporation?
A) a corporation that is absorbed into a merger B) a corporation that continues to exist after a merger C) a corporation that has bought all the shares of another corporation D) a corporation that is owned by the parent corporation in a share exchange
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