1. Which of the following would be covered under the building coverage of the Building and Personal Property coverage form? A. Inventory stored at the insured's warehouse B. An addition to the insured's store on which construction has just begun C. Fire extinguishers located in the insured's factory D. Office furniture and supplies kept in the insured's building 2. The insured's business sustains $25,000 damage in a fire. The fire department that was called to the scene billed the insured $1,000. The business is insured under the Building and Personal Property coverage form for S500,000 with a S5,000 deductible. How much will the insurance company pay for this loss? A. $21,000 B. $20,000 C. $24,000 D. $26,000 3. Business income insurance does not cover A. lost profits B. continuing expenses C. non-ontinuing expenses D. extra expenses to minimize the suspension of business