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CTP · Question #69

CTP Question #69: Real Exam Question with Answer & Explanation

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Question

  • (Topic 1) A distribution business has used several bank loans to finance its expansion plans. After a fire destroyed the company's facility and inventory, it went out of business due to the loss of revenue during the month it was closed. What type of insurance coverage should the company have had to prevent its demise?

Options

  • ACost reimbursement
  • BProperty
  • CGeneral liability
  • DBusiness interruption

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