It Is Common for Institutions Financing Automobile Dealers' New Car

question 47

Multiple Choice

It is common for institutions financing automobile dealers' new car inventories to purchase a(n) _______ insurance policies to insure against damage to the automobiles while in inventory.

• A) freight
• B) dealer automobile
• C) inland marine
• D) liability

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Definitions:

Trade Shows

Exhibition events where businesses and professionals in a specific industry can showcase and demonstrate their latest products and services.

Libraries

Institutions or buildings containing collections of books, periodicals, and sometimes films and recorded music for people to read, borrow, or refer to.

Representative

An individual who acts on behalf of another person or group, often in a professional context to express or defend interests.

Reliable

Describes something or someone that consistently performs or behaves in a predictable and dependable manner.