Which One of the Following Would Not Be Considered Personal

question 110

Multiple Choice

Which one of the following would not be considered personal property by a homeowner's insurance policy?

• A)Furniture
• B)Toaster
• C)Tool shed
• D)Clothing
• E)Shampoo machine rental

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Definitions:

Foreign Exchange Rate

The price of one country's currency in terms of another country's currency.

Controlling Investor

An individual or entity that holds a significant portion of a company's shares, yielding the power to influence or direct the company's management and decisions.

Parent

In a business context, the term usually refers to a parent company that holds a controlling interest in subsidiary companies.