The Issue of Who Is a Resident of the Household,and

question 41

Multiple Choice

The issue of who is a resident of the household,and thus an "insured" under the HO policy,has been litigated many times. Which of the following is a key factor that most courts consider when determining residence?

• A)the educational status of the resident in question
• B)occupation of the resident in question
• C)the intent of the individual
• D)none of the above

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Definitions:

Underapplied Overhead

Occurs when the allocated manufacturing overhead cost is less than the actual overhead incurred, resulting in a deficit.