All of the Following Are Considered to Be a Covered

question 21

Multiple Choice

All of the following are considered to be a covered auto under the Personal Auto Policy EXCEPT

• A)a trailer owned by the insured.
• B)a temporary substitute auto loaned to the insured while her care is being repaired.
• C)a motorcycle owned by the insured.
• D)a newly acquired auto.

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Definitions:

Coca-Cola

A multinational beverage corporation known for its flagship product, a carbonated soft drink.

Pepsi

A carbonated soft drink produced and manufactured by PepsiCo, serving as a major competitor in the global beverage market.

Market Demand Curve

A graphical representation that shows the relationship between the price of a good and the total quantity demanded by all consumers in the market.

Horizontally Summing

The process of adding demand or supply curves across different markets or individuals to get a cumulative total.