For Peter's New Home, a Personal Property Floater Allows Him

question 117

Multiple Choice

For Peter's new home, a personal property floater allows him to

• A)reduce the amount of deductible in his insurance claims.
• B)extend the grace period of insurance premium payment.
• C)get paid the replacement cost in the events of insurance claims.
• D)extend his new home's insurance policy to itemize some expensive assets.

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Definitions:

Exert Effort

The act of applying physical or mental energy towards accomplishing a task, demonstrating dedication or hard work.

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A legal doctrine that prevents employers from terminating employees if the dismissal contravenes public policy or law.

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An employment tool used to provide potential employees with a realistic view of what a job entails, including both positive and negative aspects.

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The act of creating, maintaining, and safeguarding records and documents relevant to an organization’s operations, transactions, or procedures.