What Would Be the Main Benefit to Peter on the Option

question 1

Multiple Choice

What would be the main benefit to Peter on the option of including a personal property floater in his insurance policy?

• A)Reduce the amount of deductible in his insurance claims.
• B)Extend liability insurance protection to his boat and secondary properties.
• C)Receive replacement cost coverage in the event of insurance claims.
• D)Extend his homeowner's insurance policy to cover certain expensive assets.

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Definitions:

Frontal Lobe

The part of the brain located at the front of each cerebral hemisphere, associated with reasoning, planning, parts of speech, movement, emotions, and problem-solving.

Working Memory

refers to the part of short-term memory that is concerned with immediate, conscious perceptual and linguistic processing.

Baddeley and Hitch

Psychologists who proposed the model of working memory, describing it as consisting of multiple components including the central executive, phonological loop, and visuospatial sketchpad.

Working Memory

A cognitive system responsible for temporarily holding and manipulating information needed for complex tasks such as learning, reasoning, and comprehension.