One Inland Marine Coverage Form Is the Accounts Receivable Coverage

question 6

Multiple Choice

One inland marine coverage form is the accounts receivable coverage form.In which of the following cases would the purchaser of this form be indemnified through the coverage?

• A)If the purchaser cannot pay amounts owed because the purchaser has become insolvent.
• B)If the purchaser cannot pay amounts owed because the purchaser has suffered an insured physical damage loss.
• C)If the purchaser cannot collect accounts receivable because of the destruction of records.
• D)If the purchaser cannot collect accounts receivable because the purchaser extended credit to a poor credit risks.

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Definitions:

Training Situations

Various contexts or environments in which training is conducted, tailored to meet the learning objectives and needs of participants.

Training Transfer

The successful use of abilities, understandings, or perspectives acquired through training when applied in a work setting.

Training Design

The process of creating a training program, including its structure, content, materials, and methods to effectively impart knowledge and skills.

Work Environment

The setting or physical and psychological conditions under which employees work, influencing their satisfaction, performance, and wellbeing.