What Type of Coverage in a Home Insurance Policy Is

question 31

Multiple Choice

What type of coverage in a home insurance policy is designed to pay for legal action taken against a homeowner who may be legally responsible for injury or property damage of others?

• A)medical payments
• B)liability
• C)floater
• D)comprehensive
• E)personal property

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Definitions:

United Nations Convention

An international treaty adopted under the auspices of the United Nations, on various global issues ranging from human rights to environmental protection.

International Sales

Transactions involving the sale of goods between parties located in different countries.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that provides a uniform framework for international commerce.

Express Contract

A contract in which the terms and conditions are clearly stated and agreed upon by all parties, either verbally or in writing.