Which one (1) of the following statements best describes the coverage provided under a "Consequential Loss Assumption Clause" in a property policy? OA) The consumption of food off the premises. OB) The right of an insurer to apply a deductible as a consequence of a loss. OC) Damage to frozen goods indirectly caused by a change in temperature resulting from an insured peril. OD) A loss occurring as a direct consequence of careless driving.
Which one (1) of the following statements best describes the coverage provided under a "Consequential Loss Assumption Clause" in a property policy? OA) The consumption of food off the premises. OB) The right of an insurer to apply a deductible as a consequence of a loss. OC) Damage to frozen goods indirectly caused by a change in temperature resulting from an insured peril. OD) A loss occurring as a direct consequence of careless driving.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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![Which one (1) of the following statements best describes the coverage provided under a "Consequential Loss
Assumption Clause" in a property policy?
OA) The consumption of food off the premises.
OB) The right of an insurer to apply a deductible as a consequence of a loss.
OC) Damage to frozen goods indirectly caused by a change in temperature resulting from an insured peril.
OD) A loss occurring as a direct consequence of careless driving.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff65858d4-3160-46a5-aee0-d9913d81cec5%2Fb8e7fdb7-9ae1-435f-a04c-7eb03266086e%2Frvv7tss_processed.png&w=3840&q=75)
Transcribed Image Text:Which one (1) of the following statements best describes the coverage provided under a "Consequential Loss
Assumption Clause" in a property policy?
OA) The consumption of food off the premises.
OB) The right of an insurer to apply a deductible as a consequence of a loss.
OC) Damage to frozen goods indirectly caused by a change in temperature resulting from an insured peril.
OD) A loss occurring as a direct consequence of careless driving.
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