Which is NOT a common exclusion found in the homeowners policy wording? OA) Loss or damage if the home has been vacant for more than 30 days OB) Loss or damage to any property that has been illegally acquired OC) Loss or damage caused by a burst pipe OD) Loss or damage caused by an earthquake What is NOT an example of Equipment Breakdown for a commercial policy? OA) A thermostat failure in a commercial freezer OB) An engine for a generator is suddenly deemed inoperable OC) Smoke Alarms working intermittently due to a known faulty wiring issue OD) Electrical damage to a conveyor system as a result of a power surge
Which is NOT a common exclusion found in the homeowners policy wording? OA) Loss or damage if the home has been vacant for more than 30 days OB) Loss or damage to any property that has been illegally acquired OC) Loss or damage caused by a burst pipe OD) Loss or damage caused by an earthquake What is NOT an example of Equipment Breakdown for a commercial policy? OA) A thermostat failure in a commercial freezer OB) An engine for a generator is suddenly deemed inoperable OC) Smoke Alarms working intermittently due to a known faulty wiring issue OD) Electrical damage to a conveyor system as a result of a power surge
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:Which is NOT a common exclusion found in the homeowners policy wording?
OA) Loss or damage if the home has been vacant for more than 30 days
OB) Loss or damage to any property that has been illegally acquired
OC) Loss or damage caused by a burst pipe
OD) Loss or damage caused by an earthquake
Transcribed Image Text:What is NOT an example of Equipment Breakdown for a commercial policy?
OA) A thermostat failure in a commercial freezer
OB) An engine for a generator is suddenly deemed inoperable
OC) Smoke Alarms working intermittently due to a known faulty wiring issue
OD) Electrical damage to a conveyor system as a result of a power surge
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