Question

Personal business property out in the open is covered under commercial property policy only while

1) Located on the premises
2) Specifically described in the declarations
3) Within 150 feet of the described premises
4) Within 100 feet of the described premises

Answer 1

Personal business property out in the open is covered under a commercial property policy only when it meets specific conditions, such as being located on the premises and within a certain distance from the described premises.

Step-by-step explanation:

Personal business property out in the open is covered under a commercial property policy only when it meets certain conditions:

1. Located on the premises
2. Specifically described in the declarations
3. Within 150 feet of the described premises