All of the following are considered improper claims practices Except Knowingly misrepresenting policy provisions Failing to promptly respond to claimant’s calls Denying claims arbitrarily Requiring physical inspection of damaged property

All of the following are considered improper claims practices Except Knowingly misrepresenting policy provisions Failing to promptly respond to claimant’s calls Denying claims arbitrarily Requiring physical inspection of damaged property

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter15: Purchasing Law And Ethics

Section: Chapter Questions

Problem 6DQ

See similar textbooks

Related questions

Q: of the following will make a contract voidable? here is only a unilateral promise. he subject matter…

A: The validity and enforceability of a contract lie at the core of any business transaction, legal…

Q: Tort law in product liability includes the concept of "duty to warn." Which of the following is NOT…

A: Customers protection law was brought to make customers feel protected and secured in the market. Its…

Q: Recording Under a property policy, which of the following claims is considered a direct loss? OA…

A: The objective of the question is to identify which of the given claims under a property policy is…

Q: Recording A statement providing an outline of coverage with evidence that insurance is in force is…

A: The question is asking for the term that refers to a document that provides an outline of coverage…

Q: In November, Lansing Corporation provided a free turkey or ham to every employee who asked for one.…

A: Employment refers to the agreement between two parties (organization or employer and employee).…

Q: For years, Delaney has lived in a house on Shiflet Street that has a 15-foot setback, which was…

A: The objective of the question is to identify the correct term for a situation where a property or…

Q: An individual health insurance policy contains a Change of Occupation provision. If the insured…

A: The question is asking about the possible actions an insurance company can take if an insured…

Q: does having a compliance officer and compliance committee guarantee that an organization is…

A: A compliance officer refers to a professional employed by a company or business organization who…

Q: An individual health insurance policy contains a Change of Occupation provision. If the insured…

A: The question is asking about the implications of a Change of Occupation provision in an individual…

Q: A defense in a case where the patient uses a product in a manner in which it was not intended to be…

A: Torts define the legal violations where one individual (party) endures agony from another individual…

Q: Explain 1-2 sentences Operational Risk -Health and Safety - Integrity - Environmental

A: Operational risk is related to any kind of false or failed processes, policies, or systems that…

Q: Sellers may introduce into the marketplace any product, in any size and style, that is not hazardous…

A: Organizations function in an environment where the changes keep occurring. Customer preferences also…

Q: Local camping supply store, Happy Campers, has been sued by an angry customer for breaching ACL s…

A: The consumers in the particular area are covered and protected by consumer law. The sellers in the…

Q: preparer e-file hardship waiver might be granted for which of the following reasons? • A) The…

A: In this question we have to understand about which of the following given reasons are preparer…

Q: In the context of a court case process, what is the definition of rejoinder?

A: A rejoinder is the defendant's answer to the plaintiff's replication. A rejoinder affidavit is a…

Q: Is hearsay allowed in, (explain): Court Arbitration hearings Unemployment hearings

A: Hearsay is an out sided court narrative provided to show the fact of the thing it states. The…

Q: Need a long and detailed self-explanatory analysis of the following case after hearing the oral…

A: Bank of America Corp. v. City of Miami City of Miami filed lawsuits against Bank of America bringing…

Q: What are the ethical and potential legal claims regarding plagiarism with respect to the preparation…

A: The question aims to understand the ethical and potential legal implications of plagiarism in the…

Q: Allied Auto Insurance Company does not tell its new customers when they are being charged higher…

A: The practice of charging higher insurance premiums based on credit scores without informing…

Q: You are required discuss the appropriate defense for each of the scenario below. • A statement made…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: This right is implied in the Constitution (9th and 14th Amendment) and is one all healthcare…

A: Healthcare organizations and professionals are bound to comply with HIPAA standards. HIPAA stands…

Q: Which of the following is a legal principle that allows consumers to cancel certain types of…

A: Contracts are written agreements that specify the terms and circumstances of a business relationship…

Q: Legal consequences following a successful cyberattack on a well-known organization often include the…

A: A diverse legal field known as business law governs the regulations controlling contracts,…

Q: Write a letter of rejection to Mr. Smith keeping in mind your purpose, your image, your company’s…

A: Things to keep in mind while writing such a message or mail to the customer: Be polite and humble…

Q: If a claimant is represented by an attorney, you have the right to contact the claimant to obtain…

A: This statement is talking about the insurance act, 1938. And the word attorney means a person acting…

Q: The provisions of the Real Estate License Law apply to which of the following individuals? OA a…

A: Introduction: the real estate license law is federal and states law to bring protection for real…

Q: According to the case FTC v Standard Education, Question 11 options: The Court advocated a…

A: The answer is "The Court advocated a change of standard from the reasonable-person standard to the…

Q: 1. It is defined as intentional and deliberate act or decision for personal gain which adversely…

A: The company illustrates as a legal entity that is distinguished from its owners. The main element of…

Q: What may a practitioner offer after receiving a pre-allegation letter in order to prevent…

A: When a practitioner gets a letter of pre-allegation, it signifies issues with their practice that…

Question

All of the following are considered improper claims practices Except

Knowingly misrepresenting policy provisions
Failing to promptly respond to claimant’s calls
Denying claims arbitrarily
Requiring physical inspection of damaged property

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

PLS HELP ASAP
2, why is necessary on drug testing at work, both pre and post employment? Explain.
does having a compliance officer and compliance committee guarantee that an organization is protected from legal action if it violates laws and regulations
A preparer e-file hardship waiver might be granted for which of the following reasons? • A) The preparer is in a Presidentially Declared Disaster Area B) The preparer does not have software that would facilitate e-file C) The preparer believes the e-file program is a government conspiracy to spy on citizens D) The preparer doesn't want to participate in e-file
Need a long and detailed self-explanatory analysis of the following case after hearing the oral argument of the case in Oyez Bank of America Corp. v. City of Miami
What may a practitioner offer after receiving a pre-allegation letter in order to prevent disciplinary proceedings
Which of the following would not be considered an involuntary lien? Group of answer choices A deed of trust A pre-judgment attachment A tax lien A judgment lien
coinsurance provision may be included in which of the following types of poses Accidental Death and Dismemberment Major Medical Hospital Indemnity Disability Incomo ●B OD
A company that install Security Systems offers to pay a referral fee for all leads that are able to secure from the Broker’s referral. Which is a criterion for accepting payments? The broker is required to provide full disclosure and obtain receipt of written consent from a client. The broker must be properly licensed in order to give the advisor participation in any sale of the product. The broker must submit a log of all payments paid and received for compliance with Errors and omissions coverage based on Ontario Regulation 991. The broker must obtain any permission necessary from all appropriate regulatory organisations.
The provisions of the Real Estate License Law apply to which of the following individuals? A. a regular employee of a property owner who conducts lease transactions on the property O.B. a licensed person who for a fee receives a referral from a licensed broker ⒸC. a property manager who handles the sale of units within a managed condominium complex OD. salespersons who sell their primary residences
need help asap
An individual health insurance policy contains a Change of Occupation provision. If the insured experiences a loss in a more hazardous occupation than when the policy was issued, the insurance company may: A) adjust benefits to the premium provides for the new occupational B) increase the waiting period to adjust for the occupational differences C) deny any daim on the bast of misrepresentation D) increase the deducible to adjust for the occupational difference