One of the filed inland marine forms is the accounts receivable coverage form. In which of the following cases would the purchaser of this form be indemnified through the coverage?

Insurance

Are you looking for the correct answer to the question “One of the filed inland marine forms is the accounts receivable coverage form. In which of the following cases would the purchaser of this form be indemnified through the coverage?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.

One of the filed inland marine forms is the accounts receivable coverage form. In which of the following cases would the purchaser of this form be indemnified through the coverage?

Options

A) If the purchaser cannot pay amounts owed because the purchaser has become insolvent.
B) If the purchaser cannot pay amounts owned because the purchaser has suffered an insured physical damage loss.
C) If the purchaser cannot collect accounts receivable because of the destruction of records.
D) If the purchaser cannot collect accounts receivable because the purchaser extended credit to a poor credit risks.

Answer: C

The above question One of the filed inland marine forms is the accounts receivable coverage form. In which of the following cases would the purchaser of this form be indemnified through the coverage?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.