For Which of the Following Situations Would There Be Personal

question 27

Multiple Choice

For which of the following situations would there be personal liability coverage under the homeowners policy?
I.The named insured accidentally injures her husband with a chain saw.
II.The named insured breaks his wife's valuable vase while practicing his golf swing.

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

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Definitions:

Global Strategies

Plans developed by organizations to operate and compete on an international level.

Decentralized Subsidiaries

Subordinate companies or branches that operate with a degree of autonomy from their parent corporation.

Complete Globalization

The process where businesses or other organizations develop international influence or start operating on an international scale without any barriers.

High-Trust Cultures

Organizational environments characterized by strong mutual respect, integrity, and confidence among members and leaders.