Regarding Alternative Transporting Modes, Which of the Following Statements Is

question 107

Multiple Choice

Regarding alternative transporting modes, which of the following statements is TRUE?

• A) Waterways usually provide the lowest cost way of shipping heavy freight.
• B) Airways are quickest.
• C) Pipelines offer reliability in moving oil and natural gas.
• D) Trucks serve the most locations.
• E) All of these statements are TRUE.

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Definitions:

Personal Property

Items owned by an individual or entity that are movable and not fixed to real estate, such as furniture, vehicles, and electronics.

Peril

A particular hazard or reason for loss that an insurance policy protects against, for example, fire, theft, or acts of nature.

Professional Insurance

Insurance coverage designed to protect professionals from liability claims resulting from their business activities, such as errors, omissions, or neglect.

Malpractice Insurance

A type of professional liability insurance that provides coverage to healthcare professionals for claims arising from allegations of medical errors or negligence.