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Fundamentals of Insurance Chapter 7 - Self Exam Question 17
Define Building, Stock & Equipment
7
Insurance
Professional
08/11/2014

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Term
Mops, laundry detergent when Insured is owner of building and no other coverages have been puchased is;
Definition
Building
Term
Wrapping paper, tape and packing materials is;
Definition
Stock
Term
A portable sign on the lawn is;
Definition
Equipment
Term
Photocopier and furnishings leased from an office supply company is;
Definition
Equipment
Term
Bathroom sinks, air conditioning system and wall to wall carpeting is considered;
Definition
Building
Term
Growing plants contained in a building owned by Insured and held for resale are;
Definition
Stock
Term
Additions and improvements made to rented premises by tenant is considered;
Definition
Equipment
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