Leg 100 business law - Study guides, Class notes & Summaries

1. In dwelling policies, automatic increase in insurance is (Choose from the following options) 1. Coverage for newly acquired property. 2. Coverage by endorsement. 3. Automatic coverage. 4. Coverage without additional premium. correct answer: 2. Coverage by endorsement. 2. Personal business property out in the open is covered under Commercial Property Policy only while (Choose from the following options) 1. Within 150 feet of the described premises. 2. Within 100 feet of...

Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) - ANSWER Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Group health insurance specifies that what percentage of eligible individuals MU...

N.C. Claims Adjuster Exam (License) Questions and Answers with complete verified solutions 100% solutions Inception/Expiration Date - CORRECT ANS an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date - CORRECT ANS Date of which the loss occurred Identification of parties involved - CORRECT ANS The loss report should include the names and addresses of the parties involv...

SOCE/Final Exam Study Guide Values - ANS are principles, standards, or qualities considered worthwhile or desirable. Assumption - ANS is a notion, statement, or belief about a person, group, or event that may or may not be factual Bribery - ANS corruptly to give, offer, or promise to any public servant, or, if a public servant, corruptly to request, solicit, accept, or agree to accept for himself or herself or another, any pecuniary or other benefit not a...

True / False 1. In the United States, criminal laws dictate punishments for those who violate the terms of a contract with another individual. ANSWER: REFERENCES: LEARNING OBJECTIVES: KEYWORDS: a. True b. False False Foundations of Criminal Law CJIA.COSM.16.03.01 - Identify the bases and sources of American criminal law. Bloom’s: Remember 2. In Robinson v. California (1962), the Supreme Court struck down a law that made it a crime to be addicted to drugs. a. True ANSWER: REFERENCES: ...

1 BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above...

What is the current state of the healthcare industry? correct answer: We grade it by four different criteria, health, quality, cost, and access What is the health of the U.S. like? correct answer: we have shorter life expectancies, higher rates of disease burden, and higher mortality rates than other high income countries. There is disparity of life expectancy across racial, ethnic groups, health statues, income levels, genders and age, but that may not be the healthcare system's fault. We...

1 BUSINESS LAW Final Exam Practice Questions 2 BUSINESS LAW – Bus 340 PRACTICE QUESTIONS The following practice questions, both the question type and content, are similar to the type and format of questions on the final exam. Please use them a study aid to prepare for the final exam. 1. In a civil lawsuit against Ellen, Fred obtains an injunction, which is: a. a remedy at law. b. an equitable remedy. c. not possible under our U.S. system of jurisprudence. d. none of the above...

Property and casualty insurance Exam Questions and Answers - Latest - 100% verified Which of the following are the authorities that an agent can hold? - Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - Temporary worker The major portion of the premium of an equipment breakdown policy pays? - For ins...