an HO-3 form covers damage to a home causedby which of the following?a. Fuel oil spillageb. termitesc. Breakdown of mechanical equipmentd. flood

An HO-3 insurance policy typically covers damage to a home caused by a variety of perils, but it's…

Answered: an HO-3 form covers damage to a home…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 15MC: The loss in value from all causes within a property except those due to physical deterioration is...

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MATCHING 3-4: TYPE OF SPILL AND CLEANUP PROCEDURE Match the type of spill with the cleanup procedure (Procedure 3-2). Type of Spill Cleanup Procedure A. Carefully absorb spill with a paper towel or similar material. Discard material in a biohazard waste container. Clean area with appropriate disinfectant. B. Moisten spill with disinfectant (avold scraping, which could disperse infectious organisms into the air). Absorb spill with paper towel or similar material. Discard materlal in a biohazard waste container Clean area with appropriate disinfectant. C. Use a special clay or chlorine-based powder to absorb or gel (thicken) the liquid. Scoop or sweep up absorbed or thickened material. Discard material in a biohazard waste contalner. Wipe spill area with appropriate disinfectant. D. Wear heavy-duty utility gloves. Scoop or sweep up material. Discard in a biohazard sharps container. Clean area with appro- priate disinfectant. Small spill (a few drops) Large spill Dried spill 1. 2. 3. 4.…
A's cargo ship base was punctured due to rats and so sea water entered and cargo was damaged. Here there are two causes for the damage of the cargo ship - (i) The cargo ship getting punctured because of rats, and (ii) The sea water entering ship through puncture. The cargo ship was insured with B. What do you think? 1. Whether B pays an insurance claim to A in this scenario, give reason? 2. State the different principles of Insurance and explain the one on the basis of which this case is decided.

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an HO-3 form covers damage to a home caused by which of the following? a. Fuel oil spillage b. termites c. Breakdown of mechanical equipment d. flood