["", "", ""] insurance covers the insured if they are unable to work for an extended period of time due to an injury.
Q: 41. which of the following element of an insurance transaction a. taking photos of a prospective…
A: The objective of the question is to identify which of the given options is an element of an…
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Q: 56. A sales associate presents an owner with an offer for $175,000 on behalf of a buyer. The owner…
A: The objective of the question is to determine the correct statement regarding the status of a…
Q: The applicant's signature is required on a life insurance application for which of the following…
A: Answer = Option B To represent that the statements on the application are true to the best of the…
Q: A promise made without the intention of performing it amounts to – Question 18Answer a. negligent…
A: The question is asking us to identify the legal term for a situation where a promise is made with no…
Q: Text An insured dies in a fire at his/her home caused by careless smoking. What action will the…
A: A licenced professional who assists people in finding and purchasing insurance policies is known as…
Q: TRUE or FALSE: The concept of "Piercing the Company Veil" refers to when members abuse their rights…
A: When a court disregards limited responsibility and finds a corporation's shareholders or directors…
Q: Which one (1) of the following types of loss or expense is covered under Section I of the Tenants…
A: Solution 1The correct answer is option OB:OB) At the insured's option, damage to the portion of the…
Q: A ________ occurs when a party to a contract fails to fulfill his/her promise under the contract…
A: Contract can be defined as an agreement that finds its enforceability under law. If the agreement is…
Q: our insured has Comprehensive coverage on O.A.P. 1 Owner's Policy and informs you that he/she will…
A: Risk management is a strategic and systematic process aimed at identifying, analyzing, and…
Q: Recording Most insurance companies use the usual, customary, and reasonable (UCR) charges to: O A.…
A: The question is asking about the purpose of the usual, customary, and reasonable (UCR) charges that…
Q: 1. Which liability policy is BEST suited to protect someone who manages private pensions and…
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: policy valuable consideration or inducement specified in the policy is not considered a rebate.…
A: Large retailers frequently collaborate with manufacturers; these deals typically call for two or…
Q: After completion of Form W-4, an employer must copy the employee's social security card and place it…
A: The answer is True.
Q: In an e-mail offering to sell amplifiers to Gina for her theater, Dick describes the 120-watt…
A: A misrepresentation is a false statement of a material fact that is made by one party that affects…
Q: The custodian of health records refers to the individual within an organization who is responsible…
A: Organization: A group of people organized to do something that can be a business, institution, and…
Q: All of the following are considered improper claims practices Except Knowingly…
A: An insurer's inappropriate avoidance of a claim or an attempt to decrease the magnitude of the claim…
Q: insurance providers may der seriously curtail benefits if certain conditions in not adhered to.…
A: Travel health insurance is a vital safeguard for individuals venturing beyond their home borders,…
Q: Believing that his debt is due when in fact it is not, Dr paid his 10,000 debt to Cr. Give the…
A: In accounting, it is essential to know when a debt is due to avoid premature or delayed payments. If…
Q: Elay for Revi Recording The Misstatement of Age provision in an Accident and Health policy allows an…
A: The objective of the question is to understand the implications of the Misstatement of Age provision…
Q: Which one (1) of the following forms of coverage could protect your client against a loss due to the…
A: Note: “Since you have posted multiple questions, we will provide the solution only to the first…
Q: preparer e-file hardship waiver might be granted for which of the following reasons? • A) The…
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Q: Questions T/F: Each contract should cover a singular promise and if multiple promises are involved,…
A: “Since you have posted multiple questions, we will provide the solution only to the first five…
Q: 68. if a policy loan is not repaid A Nonforfeiture is activated Interest on the loan accrues The…
A: The question is asking about the consequences of not repaying a policy loan. A policy loan is a loan…
Q: There is no federal statute of frauds. True False
A: The given statement is true. There is no federal statute of frauds.
Q: sing uring a ceived a legal opinion determining whether that term applies to the situation? Cyber…
A: A data incident is an event or situation involving the unauthorized access, use, disclosure or…
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A: Embezzled - steal . Plaintiffs- the one who brings the case to the court of law Attorney- the…
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- A spring gun, capable of inflicting death or serious injury: O Blew away much of Katko's right arm. OIs the best way to defend unoccupied property. O Can only be used to protect an unoccupied boarded-up farmhouse. O Cannot be used to protect an unoccupied boarded-up farmhouse. O Cannot be used to protect a farmhouse unless it is unoccupied.Which of the following is the most accurate statement about the duty of loyalty? A. It obligates people in fiduciary relationships or positions of trust to act with the skill and attention normally exercised by ordinary prudent persons in similar positions. B. It obligates people in fiduciary relationships or positions of trust to act in their own best interest. C. It obligates people in fiduciary relationships or positions of trust to a duty of derivation. D. It obligates people in fiduciary relationships or positions of trust to a act in the best interest of their beneficiary.Which type of insurance provides protection from third-party claims during construction? Comprehensive General liability Builder’s risk Key-man (key-person) Workers’ compensation Property insurance
- Which of the following would NOT prohibit an individual from getting a real estate license? A. conviction for DUI B. conviction for forgery C. revocation of license in another state D. inability to provide evidence of legal statusTaking which action is an example of constructive notice? OA) Giving public notice through recording in the public records OB) Placing a Sold sign on a property that has closed OC) Advertising property for sale in a local newspaper D) Moving onto one's property and constructing an improvement OIf a claimant is represented by an attorney, you have the right to contact the claimant to obtain basic information regarding the accident that took place or basic questions regarding injuries being claimed. True False
- Which of the following is a fact that would lend itself to a determination that an activity was a hobby? (a) Underpayment of employment taxes due on farm laborers. (b) The taxpayer has many years of experience in the area, and operates in a businesslike manner. (c) The taxpayer truly enjoys the activity. (d) All of these would lend themselves to a determination that an activity was a hobby.Which of the following is NOT a reason for claims being denied? The limit for filing has expired Diminished Standard of Care Services not covered by the payer. Healthcare provider ordered a service that had no medical value Healthcare provider under which the bill was submitted has not worked at that location in 2 weeks.Your client has been renting a house and carries a Tenants Comprehensive policy through your office. He/she is getting married soon and has just bought a house into which he/she will soon move. Which one (1) of the following actions should you NOT do? OA) Endorse his/her Tenants policy to show the new address and add building coverage in the amount of the purchase price of the house. OB) Use a Home Calculator to estimate the replacement cost of the house. OC) Check into the security arrangements in the house as it may affect the premium to be charged. OD) Cancel his/her Tenant policy and re-write their insurance as a Homeowners policy.
- While on a hike with a tour group in the mountains, Derek gets mauled by a bear. No previous reports of bears in the area had been made. Derek wants to hold the tour company liable for his injury. Which of the following is most likely true? A. Derek cannot hold the tour company liable because there is no way to prepare for or avoid a bear attack. B. The company is not at fault because it does not owe Derek a duty of care. C. Because most people would not expect something as dangerous as a bear encounter while on a hike, an assumption of risk defense will probably not protect the tour company. D. Derek assumed the risk of a bear attack by joining the tour group, so he cannot hold the tour company liable.Which of the following situations describes a representation? OA An insurance company guarantees that pollicy benefits will be paid promptly on receipt of a Proof of Loss OB. An insurance company guarantees that premiums paid will be refunded within 30 days after the policy's effective date if an insured is desatisfied with the policy A prospect's statement on an application that is held to be substantially true OC OD. A prospect's statement on an application that is held to be absolutely true2. Punitive damages are: a. generally not available in tort cases. b. often awarded in cases of contract interference. c. only available in negligence actions. d. None of the above