Where Covered and Noncovered Peril Join to Cause a Loss,and

question 9

Multiple Choice

Where covered and noncovered peril join to cause a loss,and the covered peril plays the dominant role in such loss,then the policy:

• A) will provide coverage,because of the dominant role played by the covered peril.
• B) will not provide coverage,because of the presence of the excluded peril.
• C) will provide coverage,because loss is sustained by the insured.
• D) will not provide coverage,because the insurance is voidable.

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Definitions:

Canals and Steamboats

Key components of the early industrial transportation network, where canals allowed for the movement of goods through waterways and steamboats provided powerful and reliable river transportation.

Erie Canal

A canal in New York, completed in 1825, connecting the Hudson River at Albany to Lake Erie at Buffalo, significantly contributing to the development and expansion of the United States by improving transportation.

Competing Ports

Refers to the rivalry between different ports to attract shipping and trade, often influencing economic development, trade routes, and geopolitical strategies.

Trade

The action of buying and selling goods and services between entities or countries.