Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14. Tina owns an auto parts store. In exchange for a premium discount from her insurer, she promised that no cash would be kept on

image text in transcribed
14. Tina owns an auto parts store. In exchange for a premium discount from her insurer, she promised that no cash would be kept on the premise overnight and that two guard dogs would patrol the grounds at night. Tina's promises were incorporated into the insurance contract. Her promises are called A. perils B. warranties C. replacement cost D. concealment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Intelligence For IT Professionals

Authors: Karen Berman, Joe Knight, John Case

1st Edition

1422119149, 9781422119143

More Books

Students also viewed these Finance questions