need help asap Which one (1) of the following would NOT be considered a "fiduciary" with respect to the property of others?OA) An insurance broker.OB) A trust company.OC) An insurance company.OD) An insurance adjuster. Under the Uninsured Automobile Coverage, who is covered for bodily injury or death?OA) Insured's spouse walking on the sidewalk who gets hit by an unidentified vehicle.OB) A pedestrian on the sidewalk who gets hit by an identified vehicle.OC) Director of a corporation who is injured driving an undescribed vehicle.OD) A dependent of the insured who is a passenger of a vehicle that is hit by an unidentified automobile and hastheir own insurance.

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Answered: Which one (1) of the following would…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Under federal law, a tax exempt Health Savings Account can only be opened for an individual who is Ο Α. covered by a qualified High Deductible Health Plan covered by Long Term Care Insurance entitled to Medicare benefits eligible to be claimed as a dependent on another person's tax return B. OC. O D.
If an insured voluntarily gives up the life insurance contract, the policy is A) Foreclosed B) Lapsed C) on extended warranty D) reinstated
The personal feature of property insurance contracts means that: * A) subrogation always applies B) ambiguities in the wording will always be construed against the insurer C) insurance contracts cannot be freely transferred to other parties D) the buyer of insurance must have insurable interest in property before the policy is issued
16.) Insurers may be insured by: A. reinsurers B. Risk retention groups
One of three tenants in your insured’s rented triplex, sets fire to his apartment, is charged with arson and jailed. Next day the tenant's wife bails out her husband who allegedly set the fire and they return to live in the damaged apartment. The insurance company wishes to retire from this risk as soon as possible. What procedure must the insurer follow to legally cancel the policy? O A) Insurer can cancel in five days by written notice of termination personally delivered and any return premium paid to insured. O B) Insurer cannot cancel the policy mid-term and must remain on risk until the renewal date. O C) Cancellation can only be made fifteen (15) days following receipt of cancellation notice by registered mail. O D) Policy must remain in force but any additional damage done by the tenant will not be covered."
Which of the following would be included in probate? POD Account Totten Trust. Retirement Plan with a listed beneficiary Life Insurance Policy that names the Owner as the Beneficiary.
Which of the following assets is classified as Trading Stock? Select one:Property acquired by an employee who plans to rent it outShares acquired by an investor who hopes to hold the shares for at least 12 monthsTelevisions acquired by a hotel owner who plans to install it in hotel roomsLand acquired by a property developer for the purpose of resale
16.) Insurers may be insured by; A reinsurers B Risk retention groups D the FDIC
When arranging insurance, what must be disclosed by an insurer to the insured, and what does not have to be disclosed?
82) Which of the following is an example of an action done by a firm to conduct structuring? a) Stock buy-back b) Leveraged buy-out c) Either A and B d) Neither A nor b
Why might a manager intentionally classify a trading security as an available-for-sale security? Select one: O A. The manager may wish to prevent an increase in value from being reported in shareholders' equity. B. The manager may wish to prevent a decline in value from being reported in shareholders' equity. C. The manager may wish to prevent a decline in value from being reported on the income statement. D. The manager may wish to prevent an increase in value from being reported on the income statement.
Answer in detail ..... Business law question . what are the circumstances in which premium is returnable by the insurer ?

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Which one (1) of the following would NOT be considered a "fiduciary" with respect to the property of others? OA) An insurance broker. OB) A trust company. OC) An insurance company. OD) An insurance adjuster.