What identifies the business entity in relation to "owned autos"?

The correct answer is title ownership because it serves as the primary legal evidence of who owns a vehicle. In the context of "owned autos," the business entity is identified by the name on the title, which officially establishes ownership and is used in determining which party is responsible for the vehicle under insurance policies.

Title ownership is critical for insurers when assessing risks and establishing coverage since it directly reflects the legal responsibilities associated with the vehicle, including liability for any incidents or claims that may arise. It provides clarity regarding which entity needs coverage and is held accountable for the vehicle's operation.

The other options, while related to vehicle use, do not serve the same definitive purpose in identifying ownership. Leasing agreements detail terms between a lessee and lessor but do not denote ownership in the same way the title does. Rental contracts, similarly, pertain to temporary use and do not indicate ownership. Employee documentation might provide information about individuals authorized to drive but does not address ownership directly. Therefore, title ownership is the most straightforward and legally recognized way to determine who owns the vehicle within a business context.