Question

The striking dock workers on the west coast refused to unload the ships carrying merchandise for retail stores. These stores suffered loss of revenue during the Christmas season, their highest earnings period of the year. This revenue reduction is ________________ that ___________ covered by insurance.

Answer 1

Answer:

indirect loss, cannot be

Explanation:

Indirect losses refers to a type of loss that incurred outside of circumstances that usually occur in normal operation. (such as loss because the government created a certain type of law or loss because people are conducting strikes on other areas of our business)

Insurance companies can't cover Indirect losses because these costs tend to be really unpredictable and extremely hard to be measured .  They will specify that they wouldn't cover these types of loss during the initial cotnract.