Consequential losses involve
A) costs that continue after the direct loss occurs,
B) losses that are caused only by fire,
C) no time element.
Correct Answer:
Verified
Q29: Match the descriptions with their terms:
-A/An _
Q30: The basic characteristics of a consequential loss
Q31: If a consequential loss involves lost profits
Q32: An insured can avoid a coinsurance penalty
Q33: A laundry suffers a severe loss from
Q35: Blanket insurance coverage requires
A) an 80 percent
Q36: Accounts receivable insurance provides coverage for receivables
Q37: The advisability of rain insurance depends on
Q38: The business owner's program has a mandatory
A)
Q39: Flood and earthquake may be insured against
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