The Fire Insurance Contract Suspends Coverage in All the Following

question 19

Multiple Choice

The fire insurance contract suspends coverage in all the following instances except:

• A)when there is a material increase in hazard
• B)when the premises is vacant for more than 60 consecutive days
• C)when the premises is unoccupied for 30 consecutive days
• D)as a result of an explosion unless a fire ensues

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Definitions:

Ownership

The legal right or title to an asset or property, implying control and responsibility over it.

Jelly

A food spread made from fruit juice and sugar, thickened with pectin, commonly consumed with bread.

Peanut Butter

A food paste or spread made from ground dry roasted peanuts, often used in sandwiches and as a base in various recipes.

Demand

The desire and ability of consumers to purchase goods or services at a given price level.