Solved

It Is Common for Institutions Financing Automobile Dealers' New Car

Question 47

Multiple Choice

It is common for institutions financing automobile dealers' new car inventories to purchase a(n) _______ insurance policies to insure against damage to the automobiles while in inventory.


A) freight
B) dealer automobile
C) inland marine
D) liability

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q42: An insurer may cancel any contract of

Q43: A person who obtains life insurance generally

Q44: To collect on property insurance, an insurable

Q45: The promises of the insurer are found

Q46: If an automobile collision results in a

Q48: The fact that a partnership is terminated

Q49: For property insurance, an insurable interest must

Q50: An incontestability clause gives insurance companies a

Q51: An application for insurance: _.<br>A) may be

Q52: Exceptions to coverage are generally strictly interpreted