A Strip-Mall Includes Eight Identical-Sized Retail Units

question 13

Multiple Choice

A strip-mall includes eight identical-sized retail units.All of the units were built at the same time and each has an identical sprinkler system.Unit number two is a dry cleaning business.Unit number three is a bar and grill.Unit number four is a dress shop.The owners of these three units are all insured by the same insurance company,but the property insurance premiums vary significantly.Which of the following rating factors best explains the difference in premiums?

• A)exposure
• B)protection
• C)construction
• D)occupancy

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Definitions:

Nonvolatile Memory

A type of memory that retains data even after power is turned off.

Engineering Units

Standardized units of measurement in the field of engineering, ensuring consistency and accuracy across different applications and systems.

Trend Display

A graphical representation that shows the change of one or more variables over time, commonly used in process monitoring and control systems.

Transducer

"A device used to convert physical parameters such as temperature, pressure, and weight into electric signals."