Which of the Following Statements Is (Are)true with Regard to the ISO

question 42

Multiple Choice

Which of the following statements is (are) true with regard to the ISO commercial crime coverage forms?
I.The discovery version only covers losses which occur during the policy period.
II.The loss-sustained version covers losses which occur during the policy period and the loss is discovered during the policy period or within one year after the policy expires.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Inside Borders

A term typically associated with formatting options in spreadsheet or document software that allows users to apply borders to the inner cells, excluding the outermost edges.

Outside Borders

Outside Borders is a feature in spreadsheet and word processing software that applies a border to the outer edges of selected cells or text blocks, emphasizing or distinguishing them visually.

Text Direction

The orientation of text in a document or graphic, which can be vertical, horizontal, or angled.

Align Center Right

A text formatting option that aligns text towards the center-right side of a document or presentation slide.