Oscar owned an upscale hotel located near a busy highway. During a hailstorm, Patrick asked Oscar for a room, but Oscar turned him away because Patrick could not afford Oscar’s prices. Patrick slept in his car on the side of the road. The hail did approximately $3,000 in damages to his car, and Patrick was robbed of about $4,500 in cash and other belongings. Which one of the following statements is true?

Joey purchased a “two-and-a-half ton capacity” trailer for the purpose of hauling junk metal for a fee. When a two-ton load of metal caused the trailer frame to twist under the load, Joey sued the manufacturer. The theory on which to base his lawsuit with the most likelihood of success is

Which one of the following is an example of injury or damage arising from an occurrence that would be covered by the products and completed operations liability portion of the Commercial General Liability (CGL) Coverage Form?

Which one of the following statements is true regarding Coverage C Medical Payments of the Commercial General Liability policy?

Which one of the following statements about interest that accrues on the amount of a judgment before the actual entry of the judgment by the court is true?

In the liability coverage agreement of the Business Auto Coverage Form (BACF), the insurer expresses its three distinct duties. Which one of the following identifies one of those duties?

Which one of the following is a category of the tort of nuisance?

An insured has purchased two primary CGL policies, Policy A with a $1,500,000 limit, and Policy B with a $500,000 limit. If the method of sharing is contribution by equal shares, how much coverage will Policy A provide in the event of a covered loss of $1,400,000?

Joe Motors is an automobile repair shop. Which one of the following would be the best way for the owner to maintain the goodwill of its customers?

Business income losses can be measured in terms of net income. Smith Company recently experienced $100,000 in expenses and $165,000 in revenue. What is Smith Company’s net income?