Which of the Following Statements About the Personal Articles Floater

question 41

Multiple Choice

Which of the following statements about the Personal Articles Floater is (are) true?
I.It is designed to cover several classes of personal property.
II.Coverage is written on an "open perils" (all-risks) basis.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Utilitarianism

This is an ethical theory that posits the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Schwartz's Values Model

Is a theory that identifies universal values that influence people's behavior and categorizes them into a system that explains human motivation.

Universalism

The ethical perspective that certain standards, values, or truths are applicable to all people, regardless of culture or individual differences.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and a higher propensity for negative feelings.