Which of the following statements about the coverage for other structures (Coverage B) under the Homeowners 3 policy is true?
A) The coverage applies to a detached garage or tool shed on the residence premises.
B) Structures attached to the dwelling by a fence or utility line are considered to be part of the dwelling rather than other structures.
C) Coverage applies even if the other structure is used for business purposes.
D) There is no coverage for a private garage if it is rented to a tenant of the dwelling.
Answer: A
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Several brokers have been retained by a developer to market properties in a new residential subdivision. Can each broker put their FOR SALE signs on the property?
A. No, only one sign is permitted. B. No, this would be considered a dual agency. C. Yes, if each broker has written permission of the developer. D. Yes, if each broker has notified the Real Estate Commission in writing.
Traditionally, a package provided each of the following functions, except:
A) allow customers to see the product B) provide for ease of shipping, moving, and handling C) protect the contents D) provide for easy placement on store shelves