All of the Following Are Exclusions in the ISO Personal

question 39

Multiple Choice

All of the following are exclusions in the ISO Personal Umbrella Policy EXCEPT

• A)liability arising from intentional injury.
• B)business liability.
• C)liability arising from bodily injury.
• D)directors and officers liability.

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Definitions:

Fixed Assets

Long-term tangible assets used in the operations of a business that are not expected to be consumed or converted into cash within a year.

Trademark

A trademark is a recognizable sign, design, or expression which identifies products or services of a particular source from those of others.

Patent

Legal protection granted by the government to an inventor, giving them exclusive rights to use, produce, and sell their invention for a certain period of time.

Copyright

A legal right granted to an individual or entity to exclusively produce, publish, sell, or distribute the original creative work for a specified period of time.