Answer: True
Step-by-step explanation:
It is a true statement. UL or Underwriters Laboratories Inc is found in 1894 by an ex electrical engineer in Boston, William Henery Merrill. In that time, a 25-year old Merill started to do his research on fire insurance and the World Fair's Palace of Electricity. His goal was to determine the risk of commercial electrical products used in cooking, refrigeration, food preparation, and food processing plants.