General rule engender two types of insurable risks

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1. Construction projects as a general rule engender two types of insurable risks: bodily injury (including death) and O office equipment ??flood damage ??property damage ??stolen construction materials

2. Federal procurement law has developed the concept of constructive convenience termination. ??Truc ??False

3. Claims of copyright, trademark and patent infringement are examples of activities that may be used as exclusions in a professional liability insurance policy. ??True ??False

4. When a claim is made by a contractor against an owner one of the primary claims is committing acts that reduce the contractor's cost of performance. ??True ??False

5. If the insured fails to cooperate with the insurer on a claim and the insurer proves this caused prejudice, the court may decide the insurer has no duty to provide coverage. ??True ??False

Reference no: EM133811210

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