Which of the Following Situations Is Covered Under Section II

question 32

Multiple Choice

Which of the following situations is covered under Section II of an unendorsed homeowners policy?

• A)injuries which occur at a park resulting from a motorcycle owned by the insured
• B)injuries resulting from an auto not subject to registration because it is in dead storage
• C)injuries resulting from an auto rented by the insured while on a vacation
• D)injuries resulting from a trailer being pulled by the insured's auto

Identify the consequences of binding and nonbinding price floors on supply, demand, and market surplus or shortage.

Analyze the impact of government price supports in agricultural markets.

Recognize the role of price controls in creating inefficiencies in the market.

Evaluate the effects of minimum wage laws on employment and market dynamics.