An example of first-party coverage is: Select one: O a. a business insuring itself against selling a faulty light socket O b. a corporation insuring itself against lawsuits from disgruntled customers Oca homeowner insuring a house and its contents d. a homeowner insuring himself against accidental death Clear my choice The first and most important part of policy is the Select one O a exclusions page O b. conditions page Ocendorsements page Od declarationspage All of the following are true EXCEPT: Select one O a Mutual insurance companies issue stock and are organized as for profit corpor O b. Mutual insurance companies are owned by policyholders and profits are disbu Od Mutual insurance companies have a harder time raising capital than other insur d Mutual insurance companies are permitted to merge with other companies to fa The two basic types of reinsurance are! Select one: a. treaty reinsurance and collective reinsurance Ob facultative reinsurance and stabilized fund reinsurance Oc treaty reinsurance and facultative reinsurance od collective reinsurance and stabilized-fund reinsurance