Which of the Following Statements About the Additional Coverages Included

question 42

Multiple Choice

Which of the following statements about the additional coverages included in Section II of the homeowners policy is true?

• A)Damage to property of others is covered only if the insured is legally liable.
• B)Damage to property arising out of a business engaged in by the insured is covered.
• C)Interest that accrues on a judgment after the judgment is awarded but before the judgment is paid is covered under claims expenses.
• D)First aid expenses incurred by the insured for a bodily injury covered under the policy are not covered.

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Definitions:

Community Sharing

The practice of distributing resources or responsibilities among members of a community for mutual benefit.

Market Pricing

A mechanism of setting prices based on the interaction of supply and demand, reflecting what consumers are willing to pay.

Hunter-Gatherer Cultures

Societies that rely on hunting wild animals and gathering uncultivated plants for sustenance.

Cognitive Domains

Specific areas of mental functioning, related to abilities such as memory, attention, language, and problem-solving.