In a Homeowners Policy, This Coverage Applies to Personal Property

question 69

Multiple Choice

In a homeowners policy, this coverage applies to personal property owned by others while it is "on the part of the residence premises occupied by an insured" and to property of guests and residence employees while at any residence occupied by an insured.Identify this coverage.

• A)Coverage A
• B)Coverage B
• C)Coverage C
• D)Coverage D
• E)Coverage E

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Definitions:

Credit Sales

Sales made on credit, where the payment is received after the delivery of the goods or services.

Cash Dividends

Cash dividends are payments made by a company out of its profits to shareholders, distributed in cash, representing a share of the corporation's earnings.

Financing Section

Part of a cash flow statement that shows cash inflows and outflows related to debt, equity, and other financing activities.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, financing, and investing activities.