Which of the Following Statements About the Extra Expense Coverage

question 22

Multiple Choice

Which of the following statements about the extra expense coverage form is (are) true?
I.It provides coverage for the increased cost that must be paid to continue operations during a period of restoration.
II.It provides coverage for lost business income if a key customer or key supplier experiences a loss.

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

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Definitions:

Dominant

Pertains to a trait that is expressed in the phenotype over a recessive trait when both are present in the genotype.

Milgram

Refers to Stanley Milgram, a psychologist known for conducting experiments on obedience to authority figures.

Obedience

The act of following orders or directions from a figure of authority, often without question.

Conducted

The process through which something such as electricity, heat, or sound is transmitted or guided along a path.