Which of the Following Statements About an Earthquake Endorsement for a Homeowners

question 10

Multiple Choice

Which of the following statements about an earthquake endorsement for a homeowners policy is (are) true?
I.The endorsement also covers landslides and volcanic eruptions.
II.The coverage for earthquakes is written without a deductible.

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

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Definitions:

Void

Refers to a contract or legal agreement that lacks validity and is therefore unenforceable by law.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by the parties involved to be enforceable.

Unenforceable

A term used to describe a contract or clause that cannot be legally enforced or compelled in a court of law.

Valid

Having legal force, or being legally binding and enforceable.