Home/ Questions/Q 60512
Next
In Process

Quizzma Latest Questions

In:

Based on this excerpt, an insurance “indemnity” program helps a museum by replacing artwork on loan that is damaged beyond repair with a reproduction

Quizzma Team
Based on this excerpt, an insurance “indemnity” program helps a museum by replacing artwork on loan that is damaged beyond repair with a reproduction

Based on this excerpt, an insurance “indemnity” program helps a museum by

A) securing the area around artwork on loan while allowing the public to view it.

B) covering the cost of valuable artwork on loan that is accidentally damaged.

C) allowing the museum to sue a person who damages a masterpiece on loan.

D) replacing artwork on loan that is damaged beyond repair with a reproduction.




Share
    Leave an answer

    Leave an answer

    Browse

    1 Answer

    1. Quizzma Team

      The correct answer is B) covering the cost of valuable artwork on loan that is accidentally damaged.

      An “indemnity” program in insurance helps by providing financial protection against the loss or damage of valuable items, such as artwork, during the loan period. This means that if the artwork is accidentally damaged, the museum would be compensated for the value lost, which is crucial for protecting their collections and finances.

    Related Questions