10 free P&C practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
P&C Practice Test 12Tutor mode
Question 1 of 10
Casualty: Insurance Terms and Related Concepts
On a liability application, a restaurant owner states that the restaurant closes at 10 p.m. In fact it stays open until 2 a.m. serving alcohol, a fact that would have led the underwriter to decline the risk. After a loss the insurer learns the truth. Which statement is most accurate?