Question

Ricky moved into his own apartment right after high school. He got a good job as a forklift operator in a local warehouse. With his extra money, Ricky liked to "invest" in his competition stereo, which had components that he could easily remove from his car. Last week, Ricky moved the stereo from his car and put it just inside his front door. That night, thieves kicked in his door and took the first expensive thing (the stereo) they found and ran. Since these parts were not permanently attached to his car, the Renters Insurance Company would cover them. The value of Ricky's competition stereo was $7,500.

Options:
a. $7500; $0; Better security measures should be implemented.
b. $0; $7500; Ricky should avoid leaving expensive items near the entrance.
c. $7500; $7500; Ricky needs to ensure proper home security.
d. $0; $0; Ricky should purchase a less expensive stereo.

Answer 1

The correct answer is b. $0; $7500; Ricky should avoid leaving expensive items near the entrance. Ricky's renters insurance would not cover the stolen stereo because it was not permanently attached to his car. Renters insurance typically covers items that are permanently attached to the property, such as appliances or fixtures. Therefore, it is important for Ricky to avoid leaving expensive items near the entrance of his apartment to prevent theft and ensure the safety of his belongings.

Step-by-step explanation:

The correct answer is b. $0; $7500; Ricky should avoid leaving expensive items near the entrance. Therefore, it is important for Ricky to avoid leaving expensive items near the entrance of his apartment to prevent theft and ensure the safety of his belongings.

Ricky's renters insurance would not cover the stolen stereo because it was not permanently attached to his car. Renters insurance typically covers items that are permanently attached to the property, such as appliances or fixtures.

Therefore, it is important for Ricky to avoid leaving expensive items near the entrance of his apartment to prevent theft and ensure the safety of his belongings.