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    Small Business Management
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    Exam 23: Managing Risk in the Small Business
  5. Question
    Doug's BOP on His Fishing Guide Business Excludes Property Losses
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Doug's BOP on His Fishing Guide Business Excludes Property Losses

Question 1

Question 1

Multiple Choice

Doug's BOP on his fishing guide business excludes property losses due to the wakes of other fishing boats. This is an example of the ____ approach to property insurance.


A) foreseen risk
B) reasonable-person standard
C) named-peril
D) insurance-to-value

Correct Answer:

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