MrGreen's 24-Year Old Son Still Lives at Home While Attending

Mr.Green's 24-year old son still lives at home while attending college part-time. The son also has an apartment near his college campus. His stereo is stolen from the apartment. The stereo has a $1,400 replacement cost,and an actual cash value of $900. If there is a $100 deductible on Section I,how much will the HO-2 contract pay for the stolen stereo?

A) $800
B) $900
C) $0, because the son is not covered by the contract
D) $1,400

Correct Answer:

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