If a private elementary school having a single building were to lose the building in a tornado, it is likely that the largest category of loss would be:
A) property taxes
B) indirect loss of income and continuing expenses until school returns to its normal status
C) liability loss
D) key personnel loss

Question

Quizplus · Accepted Answer

The largest category of loss would likely be indirect loss of income and continuing expenses until the school returns to its normal status. The property taxes may decrease, but they would not be the largest category of loss. Liability loss and key personnel loss may also occur but would not necessarily be the largest category of loss in this scenario.

If a Private Elementary School Having a Single Building Were