A minor has been supplied necessaries on credit Question 13Answer a. he is not liable b. he is not personally liable c. he is personally liable d. his estate is liable
Q: J owns a Disability Income policy Before purchasing the policy, I suffered a major back injury that…
A: Disability income policy is an insurance policy which benefits those people who are unable to go to…
Q: NOT outlined in the Code of Conduct? maintain a Trust Account for all trust money received. be both…
A: Ethics and other conducts or standards plays a significant role in maintaining the integrity and…
Q: Jane has just been hired as the head of the Payroll Department at R&S Electronics Service Company, a…
A: Treating employees fairly in the workplace is necessary to ensure maximum company growth. When an…
Q: Which of the following premortem actions can increase the liquidity of a decedent's estate? Making…
A: Answer :- Correct answer is Option - D) III. Urging a client to keep written current records of…
Q: Mike is an agent making purchasing orders for Tami. Tami passes away before the agency contract is…
A: Agency law is described as the relationship between the agent and the principal. The principal…
Q: [36] Colonel Buck Shot, a famous horse trader, purchased a Clodsdale horse by giving the seller, Nan…
A: Law plays an integral role in making the judgements related to complex situations. It helps in…
Q: cording The Time of Payment of Claims provision states that the intervals between Disability Income…
A: The question is asking about the maximum interval between Disability Income benefit payments…
Q: NuKere, a nuclear plant, accidently leaks hazardous waste onto a nearby property, despite having…
A: Nukere should be held liable because of the dangerous nature of hazardous waste. Regardless of…
Q: Français ur clients have been living in a rental townhouse unit and carry a Tenants Comprehensive…
A: As clients transition from renting a townhouse to owning a condominium, their insurance needs…
Q: 15-year old inherited some property from a grandparent. The 15-year old put the property on the…
A: Explanation : A 15-year old inherited some property from their grandparent. The 15-year old put the…
Q: If you purchase stock in a firm, you become: O A shareholder of the firm O Liable for the firm's…
A: The concept of stakeholders refers to individuals, groups, or entities that have an interest or…
Q: . Joe is a financial planner in the state of Iowa. Although he attended one year of law school, Joe…
A: The question presents a scenario involving Joe, a financial planner in Iowa who lacks a license to…
Q: under the death of an insured, a creditor May be able to be a claim if the a. beneficiary is the…
A: The question is asking under what circumstances a creditor may be able to claim from an insurance…
Q: Anita, who is divorced, maintains a home in which she and her 16-year-old daughter live. Anita…
A: The term "dependent" can have various meanings depending on the context. Here are a few possible…
Q: Jane has just been hired as the head of the Payroll Department at R&S Electronics Service Company, a…
A: It is completely unethical that all technicians do not have same monetary opportunities since E…
Q: Madelle sought Sales Associate Sally's help in the search of an affordable townhouse in her area.…
A: The objective of the question is to understand why the name of Broker Sam is on the contract instead…
Q: Which one (1) of the following conditions affects the amount of settlement of an insured loss? OA)…
A: Insurance is an agreement between an insurance company (insurer) and an individual or entity…
Q: If a sales associate believes that a commission has been unjustly withheld, he may take legal action…
A: INTRODUCTION: Ethical conduct is vitally important in the business world. All businesses should…
Q: Which of the following is the most significant difference in the principal's liability for an…
A: The most significant difference in the principal's liability for an independent contractor versus…
Q: A Major Medical policy insured is injured in an auto collision during a police chase. The occupants…
A: The question is asking about the likely action an insurance company would take if an insured…
Q: 26. Condonation refers to a situation where: an employer is aware of misconduct but takes no…
A: Inside the legitimate calling, condonation (or a consonance) is a safeguard contention once in a…
Q: In a self-funded health plan for a commercial company, which entity bears the risk for the medical…
A: Self-funded health care, additionally known as Administrative Services Only (ASO), is a…
Q: An insurer that writes coverage sends out circulars to potential insureds stating their leading…
A: An insurer is described as a company that pays the compensation to an insured when a loss is…
Q: alculator Under a Commercial General Liability policy, which of the following actions is an…
A: The objective of the question is to identify the obligation of the insured under a Commercial…
Q: The Robinson-Patman act a.) Is a part of the antitrust laws b.) Makes it illegal to give a price…
A: The Robinson-Patman Act is a significant component of U.S. antitrust legislation that aims to…
Q: What are the typical perils that are excluded under a Rented Property Policy form? OA) Vandalism,…
A: A rental property policy can be defined as the type of insurance that protects property owners who…
Q: Independent Contractor Yvonne Sanchez borrowed money from MBank to purchase an automobile. She gave…
A: A person or business entity that delivers goods or services to another party under the terms of a…
Q: Which of the following statements are true about the intentional tort of False Imprisonment? Group…
A: ANSWER : False imprisonment is restraining a person in a bounded region without justification or…
Q: a real estate broker may do all the following except A. disclose the highest price the buyer is…
A: In the realm of real estate transactions, there are several essential responsibilities that real…
Q: Elizabeth is out with her friends at a bar one night. The bartender notices someone slip a pill into…
A: Involuntary intoxication defense is best apply to the given situation. Here, Elizabeth is might not…
Q: 194. The threat to commit suicide amounts to A. Coercion B. Undue influence C. Misrepresentation D.…
A: Threatening suicide to impel someone to act in a certain way can be a serious issue and may bear…
Q: Christina Haley of Elko, Nevada, age 57, recently suffered a stroke. She was in intensive care for 3…
A: Ans- (a) total medical bill = $1,33,000 Day in hospital = 25 Per day cost…
Q: Sue Flay's Cakery promises to pay Oscar Ruitt not to park in a city-designated no-parking zone in…
A: In the given scenario, Sue Flay's Cakery offers to pay Oscar Ruitt not to park in a city-designated…
Q: Which of the following is true of a tort action? a. The defendant has the burden of proving their…
A: A tort is an offense that produces hurt or injury to another person but is not a breach of contract…
Q: Bryson is the owner of a deferred annuity. His son, Calvin, is the annuitant, and his daughter,…
A: In a deferred annuity, distinct roles are assigned to the owner, the annuitant, and the beneficiary,…
Question 13Answer
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- diculator A prospective insured completes an application for health insurance, the producer Which of the following requirements still needs to be met to make this a valid cont O A. Offer OB. O C. OD. Legal purpose Acceptance Consideration Reco10alculator Under a Commercial General Liability policy, which of the following actions is an obligation of the insures? O A To inspect the insured premises for safety To renew the policy period from the date of loss To pay claims only when there has been a judgment against the insured To pay a claim for which the insured has been found legally responsible OB. O. C. OD.
- A co-worker of Illinois licensee Mona shared a client’s confidential information with her and asked Mona not to tell anyone. Instead of keeping it to herself, Mona gave the information to another licensee. Which statutory duty has been breached? Adhere to the brokerage agreement’s terms Employ reasonable skill and care in performing brokerage services for the client Keep all confidential information provided by the client confidential Serve the client’s best interestsCan you please help me answer this?Under a Commercial General Liability policy, which of the following action on Goligation of the insurer OA to inspect the insured premises for safety OB. To renew the policy period from the date of los To pay claims only when there has been a judgment against the insured To pay a calm for which the insured has been found legally responsible OD.
- need help asapHOLDE O R, a self-employed stockbroker, becomes totally disabled on January 1 and receives $1,500 a month for the next twelve months from her owns trevased De which she had paid the premium. How much of this income is subject to federal income tox? OA $18,000 $12,800 $9,000 $0 B. O C. O D.Louisa, who is not a real estate license holder, owns three single-family residences, which she rents out. (She does not occupy any of the residences). Does she have to abide by the Fair Housing Act when selecting tenants? Louisa is exempt from the Fair Housing Act, although she may not use discriminatory advertising. Louisa is exempt from the Fair Housing Act under the Mrs. Murphy exemption. Louisa is not exempt from the Fair Housing Act. Louisa is not exempt under the Fair Housing Act, but she is exemptunder the Florida Residential Landlord and Tenant Act.
- 5. A radio station plays a commercial for Beefy's restaurant. The station created the commercial by loved Beefy's. The star didn't give permission for this commercial and has never even been to Beefy A. The radio station is guilty of appropriation B. The radio station is guilty of slandering the restaurant. C. The star is guilty of negligent misrepresentation, although not intentional misrepresentation. D. The radio station is guilty of negligence Mark for review (Will be highlighted on the review page) << Previous Question Next SuS insured his appliance store under an owner, landlords, and tenant’s policy that included products liability coverage. While he was demonstrating a microwave oven the door came open and injured a customer. Which of the following would protect S? The oven manufacture’s products liability policy The premises-operation section on S’s policy The products Liability section on S’s policy The incidental contracts section of S’s policy27. Vicarious liability refers to a situation where: the employer is held legally responsible for actions of its employees the employer serves alcohol at company-sponsored events the onus is on the employer to prove it was not negligent none of the above