Third party bad faith - Study guides, Class notes & Summaries

CPCU 530 Test Questions with Correct Answers Bailor - Answer-The owner of the personal property in a bailment. Implied-in-law contract - Answer-An obligation that is not an actual contract but that is imposed by law because of the parties' conduct or some special relationship between them or because one of them would otherwise be unjustly enriched Implied-in-fact contract - Answer-A contract that is not express but that the parties presumably intended, either by tacit understanding or ...

UGBA 135 Midterm21st Century Millionare - correct answer - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succeed have goals Do not outlive your money - ...

1 AIC 300 - CLAIMS IN AN EVOLVING WORLD EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. Correct Answer: B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of...

1 AIC 300 - CLAIMS IN AN EVOLVING WORLD EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. Correct Answer: B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of...

RMI LAW FINAL EXAM STUDY A+ GRADED.

1 AIC 30 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ First Party Focus Correct Answer: Coverage and Amount of damage Second Party Correct Answer: Insurance Company First Party Correct Answer: Insured Third Party Correct Answer: Claimant Third Party Focus Correct Answer: Liability, Coverage, and Amount of damage Third Party Administrator (TPA) 2 Correct Answer: an organization that provides admin services associated with risk financing and insurance. The...

Psychopharm Exam 1 practice 170 Questions with Verified Answers The PMHNP is evaluating a 68-year-old man for symptoms of major depression. While assessing the appearance of the patient, an obvious left-sided ptosis is noted. Which cranial nerve is directly linked to this condition? a. III b. IV c. V d. VI - CORRECT ANSWER A A 55-year-old woman has been referred for a psychiatric evaluation for a change in personality, lack of impulse control, and increasingly reckless decision-making....

The principal is also known as - Answer-client fiduciary relationship - Answer-a relationship founded on trust and confidence Agency Relationship - Answer-Exists when one person (the agent) acts for, or on behalf of another person (the principal). the principal - Answer-is the one who hires and gives authority to the agent Texas Real Estate License Act TRELA - Answer-Was passed 1939. The purpose is to protect the public against unscrupulous brokers and sales agents. Texas Real Estate Comm...

AIC 300 - Claims in an Evolving World - Complete Solutions with Verified Answers The first step in the data mining process is to A. Collect the data that will be used. B. Select a data mining technique. C. Understand what a business wants to achieve. D. Prepare the data that will be used. Generally speaking, the most common application of predictive modeling in insurance occurs in A. Risk selection. B. Marketing. C. Reinsurance. D. Claims handling. Hanna is in IT and works on data analytics pr...

RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct COVERAGE: Contract of sales Direction: Read and select the best answer for the following questions. 1. It is a contract whereby one of the contracting parties, known as the seller or vendor, obligates himself to transfer the ownership of and to deliver a determinate thing, and the other party, known as the buyer or vendee, obligates himself to pa...