Which of the following statements about the condominium commercial-unit owners coverage form is (are) true?
I. It provides coverage for the unit owner's proportionate financial interest in the condominium building.
II. It provides coverage for the business personal property of the unit owner.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
Business
You might also like to view...
An assignment occurs where the rights in a contract is transferred to another person who
then stands in the shoes of the original party and can enforce the contract in the same way. Indicate whether the statement is true or false
Business
In 2012, advertising accounted for ________ percent of U.S. sales
A) less than 5 B) almost 10 C) nearly 20 D) more than 35 E) just under 50
Business