Exam DISC-IA Practice Question 600
Study guide: Exam DISC-IA
A bakery leases its shop. At its own expense it installed a walk-in cooler built into the walls and new flooring, neither of which it may remove when the lease ends. The landlord insures the building. The bakery's BPP shows limits for Your Business Personal Property only. A fire destroys the cooler and the flooring. Under which part of the bakery's BPP, if any, is this damage covered?
- A) Your Business Personal Property, as the bakery's use interest in improvements and betterments
- B) Building, because the cooler and flooring are permanently attached to the structure
- C) Personal Property of Others, because the landlord owns the building they are attached to
- D) None of it, because only the landlord's building policy can cover property attached to the building
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