Which of the following items is (are) contained in the common policy c

Which of the following items is (are) contained in the common policy conditions page of the commercial package policy?

I. A description of the property that is insured.
II. A provision describing the insurer’s right to audit the insured’s books and records
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: B