All of the Following Losses Are Subject to Special Limits

question 41

Multiple Choice

All of the following losses are subject to special limits of liability under the Homeowners 3 policy EXCEPT

• A)theft of firearms.
• B)destruction by fire of property used for business purposes.
• C)storm damage to a boat at a marina.
• D)furniture destroyed by a fire.

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Definitions:

Theory Y

A management concept that assumes employees are self-motivated, seek responsibility, and are creative problem solvers.

Job Autonomy

The extent to which a role allows a worker the autonomy to plan their tasks and decide on the methods to accomplish them.

Democratic Manager

A managerial style characterized by involving employees in decision-making, valuing their input, and making decisions by consensus.

Chris Argyris

A prominent American psychologist known for his contributions to the development of organizational learning, double-loop learning, and theories related to the behavior of organizations.