Which of the following statements about the business owners policy is (are) true?

Which of the following statements about the business owners policy is (are) true?



I. It is designed primarily to meet the insurance needs of large manufacturing firms.
II. It is a package policy designed to meet the basic property and liability needs of an insured in a single contract.


A) I only
B) II only
C) Both I and II
D) Neither I nor II


Answer: B

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