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Learning Goal: I’m working on a risk management writing question and need an explanation and answer to help me learn.A company intended to sell a high-end refrigerator that included French doors, external water, and an ice dispenser for $10,499 but mistakenly advertised it for $8,449. The company honored the advertising price and sustained a loss of $2,050. The company has an unendorsed CGL policy. The company intends to file a claim for this loss with its insurer. Is this a covered loss? Explain your answer referring to the coverage involved, ensuring agreement, and any exclusions that may apply.
Requirements: 1-2 paragraphs
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