The word "merchantability" need not be mentioned as a disclaimer of an implied warranty of merchantability

A financially strong firm is in a better position to retain loss exposures than is a firm in a weaker financial position.

a. true b. false

The additional living expenses component of a homeowner's policy is designed to

A) pay for temporary housing while your home is repaired from covered damage. B) cover damage to your property while you are away from home. C) reimburse a homeowner for damage done by a visitor. D) pay for medical expenses or people injured on your property.