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LOMA 308 Module 2 Questions and Answers
LOMA 308 Module 2 Questions and Answers Suppose that you want to start your own insurance company. The first thing you need to decide is what kind of structure your company will have. Which organizational structures do you think you can choose from? a. sole proprietorship b. partnership c. corporation - Answer-c. - Laws in most jurisdictions require insurance companies to be organized as corporations. In this lesson, you'll learn why that structure is required. You'll also learn how organ...
- Exam (elaborations)
- • 61 pages •
LOMA 308 Module 2 Questions and Answers Suppose that you want to start your own insurance company. The first thing you need to decide is what kind of structure your company will have. Which organizational structures do you think you can choose from? a. sole proprietorship b. partnership c. corporation - Answer-c. - Laws in most jurisdictions require insurance companies to be organized as corporations. In this lesson, you'll learn why that structure is required. You'll also learn how organ...
Loma 311 Exam Review Questions and Answers
Loma 311 Exam Review Questions and Answers Legislative - Answer-Parliament is the equivalent of what type of American branch of government State Court System - Answer-Trial courts, appellate courts, supreme court Federal Court System - Answer-District court, circuit courts of appeal, supreme court Affirmative Defense - Answer-allegation of facts that constitute a defense to the plaintiff's claim Interrogatories - Answer-Written questions that one party prepares and that the other p...
- Exam (elaborations)
- • 4 pages •
Loma 311 Exam Review Questions and Answers Legislative - Answer-Parliament is the equivalent of what type of American branch of government State Court System - Answer-Trial courts, appellate courts, supreme court Federal Court System - Answer-District court, circuit courts of appeal, supreme court Affirmative Defense - Answer-allegation of facts that constitute a defense to the plaintiff's claim Interrogatories - Answer-Written questions that one party prepares and that the other p...