The Exclusion of Flood in a Homeowners Policy Is an Example

question 19

Multiple Choice

The exclusion of flood in a homeowners policy is an example of an

• A)excluded activity.
• B)excluded condition.
• C)excluded property.
• D)excluded peril.

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Definitions:

Discounts

A reduction from the usual cost of something, often used to encourage purchases.

Business Unit Level

Refers to the specific segment or division within a larger organization that operates with its own strategy, resources, and objectives.

Sales Training

The effort put forth by an employer to provide the opportunity for the salesperson to acquire job-related attitudes, concepts, rules, and skills that result in improved performance in the selling environment.

Modern Companies

Businesses that leverage current technologies, adopt modern organizational practices, and align their strategies with the evolving needs of the global market.