The Apportionment Clause Ensures That

question 113

Multiple Choice

The apportionment clause ensures that

• A)damages are appropriately apportioned among responsible parties.
• B)liability is shared by you and your insurer.
• C)you do not receive more than 100 percent of your loss by having multiple policies.
• D)copayments are not more than 80 percent of dwelling protection.

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Definitions:

Question Mark

In business, a term used in the Boston Consulting Group (BCG) matrix referring to products or business units with high growth potential but currently hold a small market share.

Low Market Share

The condition of a company or brand having a small percentage of total sales in its industry, often leading to less influence and profitability.

High-Growth Market

A market characterized by significantly higher than average growth rates, attracting numerous competitors and investment.

Question Marks

Business units or products with low market share in high-growth markets, requiring decisions about investment to improve position or divestiture.