The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy. Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.

The insured contacts his Broker to advise that he has moved. During the conversation, the insured mentions that he recently became a Realtor and uses his vehicle to visit clients. The insured's vehicle is currently rated for pleasure use only. What should the Broker recommend to the insured? OA) Change the use of the vehicle to business use. OB) Keep the use of the vehicle as pleasure. OC) Change the use of the vehicle to commute to work. OD) Convert to a commercial policy. Section II - Liability Coverage of the Homeowners policy provides Voluntary Property Damage coverage in which one (1) of the following situations? OA) The insured's garage is damaged by a neighbour's son who has backed into it with an automobile. OB) A window is deliberately broken by the insured who had locked himself/herself out of the house. OC) Neighbourhood children damage the insured's above-ground pool. D) A neighbour's window is broken by the insured's teenager who is playing baseball in the backyard.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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