Types of loss - Study guides, Class notes & Summaries

AINS 101 Exam Questions and Answers 2024 Bill is an insurance producer for and employed by ABC Insurance Company (ABC). He represents only ABC when marketing insurance products, and uses an administrative staff also employed by ABC. Bill is a producer in the - ANS ️️ Direct writer marketing system Because the insurance company usually determines policy wording and the insured has little choice but to "take it or leave it," an insurance contract is a - ANS ️️ Contract of adhesion ...

Well-structured OTE2601 Assignment 1 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)...... QUESTION 1 In 2020, the world was devastated and ravaged by the unprecedented Corona Virus (Covid-19) pandemic. Most businesses closed-down; which resulted in serious loss of jobs to certain employees whilst some business put employees on contract or retrenched them. While conducting an oversight visit in Port Elizabeth on Thursday, honourable President Cyril Mat...

When insuring a partnership, it is essential to identify which one of the following on the policy declaration page? Choose one answer. A. The partnership B. All partners C. General partners only D. All partners and their share of the partnership Answer - A. The partnership If a company's inventory turnover ratio is higher than the industry benchmark, it indicates that Choose one answer. A. Its inventory is becoming obsolete compared to that of its competitors. B. Th...

MAC3701 Assignment 1 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ............ Question 1 Complete Marked out of 1.00 QUIZ Tshintsha (Pty) Ltd is a manufacturer of three types of inverters namely grid-tied, off-grid and hybrid inverters. Tshintsha uses an absorptioncosting system. The following information is available for the fi nancial year ended 29 February 2024: Product Grid-t...

NRNP 6665/ NRNP6665 Midterm Exam | (2023/2024) Questions and Verified Answers| 100% Correct| Grade A Question 1 Which of the following medications are approved by the FDA for treatment of mania in children ages 12–17? A Lithium . B Olanzapine . C Duloxetine . D Sertraline Question 2 The most common age of onset of anorexia nervosa is which of the following? A Early 20s . B 10–13 years of . age C 14–18 years of . age D 19–29 years of . age Question 3 Which ...

Test Bank for CURRENT Medical Diagnosis and Treatment 2024 by Maxine A. Papadakis, Stephen J. McPhee 13.Which of the following should the nurse instruct a client who is being fitted for a hearing aid? 1. Keep the appliance turned on at all times. 2. Store the hearing aid in a warm, moist place. 3. Batteries last for at least 1 month. 4. Clean ear molds at least once a week. ANS: 4 The nurse should instruct the client to turn off the appliance when not in use; store in a...

The most common method of risk management is: A. The sharing of risk B. The assumption of risk C. The transfer of risk D. Risk avoidance - Answer- C. The transfer of risk Which of the following types of risk is associated with change is not insurable? A. Fundamental risk B. Particular risk C. Dynamic risk D. Static risk - Answer- C. Dynamic risk Insurers are able to calculate their probable losses and to establish the rates for premiums that will cover losses and operating expe...

ASD Exam Questions With 100% Correct Answers 2023 Category 1 - Correct Answer-Category of Water that originates from sanitary water source (Clean) Catetroy 2 - Correct Answer-Category of Water that is contaminated; may cause discomfort or sickness (Grey) Category 3 - Correct Answer-Category of Water that is grossly contaminated; includes toxins, pathogens Special Situation - Correct Answer-Regulated or hazardous materials Class 1 - Correct Answer-Class of water that has least amount...

RRLLB81 ASSIGNMENT 02 SEMESTER 02 ANSWERS DUE 26 SEPTEMBER 2024 MERCANTILE LAW TOPIC 1: INSURANCE LAW LIABILITY INSURANCE IN SOUTH AFRICAN LAW AS A COMPLEX FORM OF INDEMNITY INSURANCE Background There are several classifications of insurance; the most common is the distinction between indemnity insurance (also referred to as non-life insurance) and non-indemnity insurance (also referred to as life insurance). With indemnity insurance, the insurer indemnifies the insured for loss or da...

Project Volumes (forecasting stage) - Ans based on expert opinion, stats, historical data, shifts in patient mix, changes in medical staff composition, changes in inflation/reimbursement ratws, expansion/cutbacks, population fluctuations based on economy Steps to creating a budget - Ans 1. project volumes 2. convert volumes to revenue 3. convert volumes into expense requirements 4. Adjust revenue/ expenses as necessary to meet budget margin gross revenue - Ans Rates x Production ...