What Options Must a Business Owner Decide Upon When Considering

question 26

Multiple Choice

What options must a business owner decide upon when considering property insurance?

• A) getting coverage for replacement value or actual cash value
• B) getting coverage for the various forms of perils that are insurable by law
• C) negotiating a non cancellation or severability clause
• D) negotiating to remove the exclusion clauses that fall within the intent of the policy

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Definitions:

Message Board

An online discussion site where people can post messages to start conversations or reply to others on various topics.

Social Shopping Network

An e-commerce platform that integrates social media features to enhance user interaction and decision-making in shopping.

Digital Calendar

An electronic version of a calendar that allows users to manage events, appointments, and tasks digitally.

Conference Calls

A telephone call in which three or more people participate simultaneously to discuss business or other topics.