All of the Following Are Additional Coverages Provided Under Section

question 24

Multiple Choice

All of the following are additional coverages provided under Section I of the Homeowners 3 policy EXCEPT

• A)reasonable repairs.
• B)debris removal.
• C)personal liability.
• D)property removal.

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Definitions:

Business Owner

An individual who legally possesses a company, bearing both the risks and benefits associated with the enterprise.

Separate Entity

A concept in accounting and law where a business is recognized as having its own legal rights and obligations, distinct from those of its owners or members.

External Funding

Financing that comes from outside an organization, often from venture capitalists, angel investors, or crowdfunding platforms to support business activities.

Experienced Investors

Individuals or entities that have a significant history of investing in various markets or ventures, demonstrating a deep understanding and skill in allocating resources for potential financial gain.