The main function of the Majority and Minority Whips is to gather votes on major issues. Because they are the second ranking member of the Senate, if there is no floor leader present, the whip may become acting floor leader. Before 1969, the official titles were Majority Whip and Minority Whip. 1 Current floor leaders.
What is Business Income and Extra Expense Coverage? Also referred to as business interruption insurance, business income and extra expense coverage provides your business with financial protection when an insured loss prevents you from commencing business as usual.
â¢ You are an employee deducting ordinary and necessary expenses attributable to your job. An ordinary expense is one that is. common and accepted in your field of trade, business, or profession. A necessary expense is one that is helpful and appropriate for. your business.