Max somehow saved Max's Sandwich Shop from bankruptcy. He realized that he needs to run the shop more as a business and less like a hobby. He makes certain strategic decisions, beginning with taking orders online (including having customers pay online) and delivering sandwiches.He also decides that he needs to review his insurance needs.He is struggling to figure out which types of policies he needs.

Consider the type of business that Max runs and the activities that it is engaged in. Identify five types of policies Max should purchase. State your reasoning. Why? (Note that the Business Owner's Policy is not an acceptable answer here. It would be in real life, but not for the purposes of this assignment.)