All the following are direct losses except: A) a house is burglarized B) a store loses $200,000 in sales because a fire closes it down for two weeks C) a corporation must pay $1 million in ransom when its CEO is kidnapped D) an delivery truck needs $15,000 in repairs after a collision

Question

Quizplus · Accepted Answer

Direct losses refer to immediate, tangible damages resulting from an event. Choices A, C, and D involve direct costs to repair, replace, or recover physical assets or persons. Choice B, however, represents an indirect loss, as it pertains to lost sales or revenue, not a direct physical loss or damage.

All the Following Are Direct Losses Except