Agency answ - Study guides, Class notes & Summaries

What is the underwriter's goal? - ANSWER-To write a book of business in which the actual losses approximate the expected losses. Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - ANSWER-Independent agency When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally con...

Texas Law of Agency (FINAL EXAM) with correct answers

What is professional engagement? Correct Answer--discriminates between being employed in a job and pursuing a career What are the three communication challenges in nursing? Correct Answer--nurses aren't willing to talk about their work -portray an inaccurate picture of nursing -nurses devalue their role in caring for the sick "From Silence to Voice" identifies actions to promote real image of nursing, what are some examples? Correct Answer-Educate the public in daily life. Des...

BARNEY FLETCHER FINAL EXAM 2024 WITH 100% CORRECT ANSWERS A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - correct answer B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although ...

XCEL SOUTH CAROLINA LIFE AND HEALTH INSURANCE EXAM 2024 An exclusive agency employs _____ agents who agree to market products of ____ insurer. - correct answer independent; one Premiums paid for insurance coverage that is not provided are referred to as ____ premiums. - correct answer unearned Insurance polices are contracts of ________. - correct answer indemnity "The greater the number of lives insured, the more predictable losses will be," is attributable to what law? - corre...

A hospital officer reports that there were multiple incidences in which toxic chemicals were incorrectly labeled that led to severe injuries of two lab employees. The regulatory department that oversees this area of workplace accidents is the Occupational Safety and Health Administration (OSHA). What is the role of OSHA in providing oversight for this issue? A.) To discipline the staff involved in the event B.) To remove the hospital's accreditation status C.) To implement a quality impro...

Under Ontario law, how is an 'agency relationship' defined? - Answer-The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party (the principal) in dealing with a third party. While common law uses the terms 'Principal' and 'Third Party', what terms does REBBA use instead? - Answer-Client & Customer The underlying relationship of the brokerage, salesperson, seller and buyer is based on what? - AnswerThe Common Law of Agen...

TESTBANK / 300+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+ 100% CORRECT. 2 / 11 1. What is an emetic? Describe a few examples observed in Environmental Health. ANSW* It is a chemical that induces vomiting. In E.H. emetics are used in VectorControl for rodent control, Red Squill 2. What does USDA stamp on meat signify?: ANSW* The meat products have been processed and inspected by the USDA (United State Department of Agriculture)and has passed food quality inspections 3. Mobil...

AHIP 2024 FINAL COMPLETE EXAM / QUESTIONS AND VERIFIED ANSWERS BY EXPERTS 2023/2024 GRADED A LATEST GUIDE. 2 / 9 1. Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income.What couldyou tell Mrs. Park that might be of assistance?: ANSW She should contact her state Medicaid agency to see if she qualifies forprograms that can help with Medicare costs for which she is responsible. 2. Madeline Martinez was widowed several years ago. Her husband worked for many years and contribut...

Milady esthetics: state board Exam Questions and Answers What does OSHA stand for? - Correct Answer ️️ -Occupational Safety and Health Administration was created by the US department of labor to regulate and enforce safety and health standards to protect employees in the work place... - Correct Answer ️️ -OSHA This regulates employee exposure to potentially toxic substances and inform employees about the possible hazards of materials used in the work place? - Correct Answer ️️...