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Larson Had a Fire Last Month in His Sportswear Shop

Question 2

Multiple Choice

Larson had a fire last month in his sportswear shop.Luckily he had "business interruption insurance." This insurance will NOT pay for


A) lost profits during the time the shop is closed.
B) reduction in the value of inventory.
C) overhead expenses while the shop is closed.
D) cost of moving to temporary accommodations.
E) money expended to reduce business losses.

Correct Answer:

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