Which of the Following Is Covered Under the Liability Coverage

question 34

Multiple Choice

Which of the following is covered under the liability coverage of a businessowners policy?

• A)damage to the insured's property
• B)bodily injury liability
• C)automobile liability
• D)professional liability

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Definitions:

Few Suppliers

A procurement strategy where a company relies on a small number of suppliers for the provision of certain goods or services, often to increase quality control and build strong relationships.

Postponement Technique

A supply chain management strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and better match customer demand.

Reduction

The process of decreasing or lessening something in size, amount, or degree.

Early Customization

A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.