Mobile Property Is

question 48

Multiple Choice

Mobile property is:

• A) covered by transportation insurance
• B) covered by marine insurance
• C) both A and B above
• D) none of the above

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Definitions:

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with terms set out in a Partnership Agreement.

Sole Proprietorship

A business owned and operated by one person.