Which of the following statements about the Homeowners 6 (unit-owners form) policy is true?
A) It includes personal liability coverage.
B) It covers personal property on an open-perils basis.
C) It covers the dwelling on an open-perils basis.
D) It is designed for tenants who rent an apartment or a home.
Answer: A
You might also like to view...
Kamal Company incurs both fixed and variable production costs. Assuming that production is within the relevant range, if volume goes up by 20%, then the total costs would ________
A) increase by 20% B) remain the same C) increase by an amount less than 20% D) decrease by 20%
Nunavut has had great difficulty finding doctors willing to commit to serving the territory for more than short periods of time. This problem could be solved by
a. job enrichment. b. job redesign. c. job enlargement. d. job sharing. e. gainsharing.