Jose and Maria Would Like "Open-Perils" Coverage on Their Home

question 3

Multiple Choice

Jose and Maria would like "open-perils" coverage on their home and their personal property.Which unendorsed homeowners form provides this coverage?

• A)Homeowners 2
• B)Homeowners 3
• C)Homeowners 4
• D)Homeowners 5

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Definitions:

Labour Union

An organization that represents the collective interests of workers in negotiations with employers over wages, working conditions, and other employment terms.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Share Price

It indicates the current price at which a single share of a company's stock can be bought or sold in the market.

Shareholders

Individuals or entities that own shares in a corporation, representing partial ownership.