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QUESTION 11

An umbrella policy is the main insurance policy that provides basic coverage.

True

False

QUESTION 12

Under common law, a finder has no obligation to take care of, or protect, abandoned property.

True

False

QUESTION 13

Insurance is a necessary and valuable tool to help protect a business and its owners from financial loss.

True

False

QUESTION 14

Dram Shop laws impose second party liability on those who sell or serve alcohol.

True

False

QUESTION 15

The travel and tourism industry provides local governments with hundreds of millions of dollars in tax revenues each year through hotel occupancy and restaurant taxes, airport users' fees, sales taxes, park enterance fees, and employee income taxes.

True

False