Which of the Following Statements About the Provisions of the Building

question 12

Multiple Choice

Which of the following statements about the provisions of the building and personal property coverage form is (are) true?
I.A separate deductible must be satisfied for each building damaged in the same occurrence.
II.Under the replacement cost option,there is no deduction for depreciation.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Early Supporters

Individuals or groups that first back or endorse a new idea, project, or innovation.

Evolution

The process through which populations of organisms change over generations, driven by mechanisms such as natural selection and genetic drift.

Chordate

A member of a diverse phylum of animals that includes the vertebrates, lancelets, and tunicates. As embryos, chordates all have a notochord (a hollow nerve cord), pharyngeal gill slits, and a post-anal tail. Many present-day chordates lose or modify these structures as they develop into adults.

Adult Organism

An organism that has reached its full developmental or mature stage, especially in terms of reproductive capacity.