Personal Belongings of a High Value Can Be Protected with a Personal

question 12

True/False

Personal belongings of a high value can be protected with a personal articles endorsement.

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Definitions:

Profitability

A measure of how effectively a company uses its resources to generate profit, typically expressed as a percentage or ratio.

Current Ratio

A liquidity ratio measuring a company's ability to pay short-term obligations with its current assets.

Business Assets

Resources owned by a business that have economic value and can be used to generate income or provide future benefits.

Liabilities

Financial obligations or debts that a company owes to external parties, which need to be settled over time.