John Smith owns a bookstore that is covered under an unendor…

John Smith owns a bookstore that is covered under an unendorsed Commercial General Liability (CGL) Coverage Form. A customer falls in the store resulting in a covered lawsuit against Smith. Smith is asked to testify in court by the defense attorney; Smith incurs $500 in lost earnings for the one day trial. The supplementary payments section of Smith’s CGL policy will

Top Electronics manufactures and sells electronic equipment…

Top Electronics manufactures and sells electronic equipment and is insured under a CGL policy. A television manufactured by Top Electronics malfunctions in a customer’s home, causing a fire. Assuming Top Electronics is found to be liable for the damage to the customer’s home, any payments made under the policy will be subject to which one of the following limits?