A Company Is Faced with an Unexpected Shutdown Because of a Natural

question 180

Multiple Choice

A company is faced with an unexpected shutdown because of a natural disaster.It would be protected from loss while it is preparing to reopen if it had purchased

• A) business interruption insurance.
• B) credit insurance.
• C) automobile insurance.
• D) premises liability insurance.
• E) damage insurance.

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Definitions:

Unique

Being the only one of its kind; without equal or equivalent in characteristic or importance.

Starbucks Coffee

An international coffee company and coffeehouse chain known for its specialty coffee drinks.

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Relating to geography, the study of the physical features of the earth and its atmosphere, and of human activity as it affects and is affected by these.

Low-Cost Strategy

A business approach aiming to offer products or services at the lowest price possible, typically by reducing expenses.