All of the Following Statements About Liability Coverage Under the Businessowners

question 13

Multiple Choice

All of the following statements about liability coverage under the Businessowners Policy are true EXCEPT

• A)Liability arising out of personal injury is covered as part of the insuring agreement.
• B)Medical payments coverage is provided.
• C)Employees acting within the scope of their employment are excluded from coverage.
• D)Coverage is included for the legal costs of defending the insured.

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Definitions:

Efficiency

The effectiveness of producing outcomes with minimal waste of time, effort, or resources.

Managers

Individuals in an organization responsible for directing and overseeing the work of others to achieve the organization's goals.

Honeywell Study

A research project or analysis related to Honeywell International Inc., though specific context might vary, such as studies on its business strategies or technology developments.

Managers

Individuals within an organization responsible for directing and overseeing the work of others to achieve the entity's objectives efficiently and effectively.