James and Megan Webb recently purchased a home for $300,000. The home is insured under an HO-3 policy for $250,000 with no endorsements attached. Megan collects antiques for a hobby. James has a stamp collec- tion that contains several rare stamps. The couple also owns a 30-foot sailboat that they use on weekends. a. Assume you are a risk management consultant who has been asked to evaluate the couples HO-3 policy. Identify three endorsements that James and Megan may wish to purchase to modify their HO-3 policy. b. Explain how the above HO-3 policy would be modified by each endorsement identified in your answer to (a) above. c. For each of the following losses, indicate whether Section II of the homeowners policy would provide full coverage for the loss. If full coverage would not be provided, explain why.