All the Following Are Direct Losses except

question 36

Multiple Choice

All the following are direct losses except:

• A) a car is stolen
• B) a house suffers flood damage
• C) an apartment must be rented after a house is destroyed by fire
• D) a business loses $100,000 in a law suit

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Definitions:

Nonmonetary Benefits

Advantages or perks received from a job, purchase, or transaction that do not involve financial compensation, such as satisfaction, convenience, or health improvements.

Monetary Benefits

The financial gains one receives from employment or investment, including salary, dividends, or interest.

Wholesalers

Businesses that sell goods in large quantities at lower prices, primarily to retailers or other businesses, rather than directly to consumers.

Retail Outlets

Physical stores that sell goods directly to the public for personal or household consumption, as opposed to wholesale transactions.