INSTRUCTIONS: Choose the Word or Phrase in [ ] That

question 31

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] that will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Liability insurance [ provides | does not provide ] coverage for legal fees if you are required to defend yourself in a lawsuit.

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Definitions:

Abandoned

A state where a property or a project has been left forth by its owner or tenant without any intention to return and claim or resume its use.

Safety-deposit Boxes

Secured containers held within banks or vaults where individuals can store valuable items or documents for protection.

Bailor

The party in a bailment contract who temporarily transfers possession but not ownership of a property or good to another party.

Bailee

A person or entity who is given temporary possession but not ownership of personal property by another for a specific purpose.