Inherent vice - Samenvattingen, Aantekeningen en Examens

Property and Casualty Exam 100% accurate!! Bailee - ANSWER An individual or organization who has taken into its care, custody, and/or control the property of another for servicing, repair, or storage Hazard - ANSWER Something that increases the chance or likelihood of a loss occuring. (physical or moral or morale) Market Value - ANSWER A property policy provision that changes the valuation method otherwise applicable (ACV or RV) to a valuation method that allows reimbursement to th...

Operations and Supply Chain Management Exam 2 || Questions & Answers (Rated A+) Operations and Supply Chain Management Exam 2 || Questions & Answers (Rated A+) Total Quality Management (TQM) - ANSWER - Managing the entire organization so that it excels on all dimensions of productions and services that are important to the customer Two Fundamental Operational Goals of Total Quality Management - ANSWER - 1) Careful design of product or service 2) Ensuring that the organization's systems ...

Property - ANSWER you can possess/ physically touch BI - ANSWER bodily injury PD - ANSWER Property damage Liability/casualty - ANSWER what you pay the other guy personal lines insurance - ANSWER cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance - ANSWER needs of a business direct loss - ANSWER example - house burns down indirect loss - ANSWER example - additional money you will have to spend to live somewhere else while house is being rebui...

Property correct answers you can possess/ physically touch BI correct answers bodily injury PD correct answers Property damage Liability/casualty correct answers what you pay the other guy personal lines insurance correct answers cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance correct answers needs of a business direct loss correct answers example - house burns down indirect loss correct answers example - additional money you will have to...

What 3 major classes of warship existed at the inception of the Navy? correct answers Ships of the Line Frigates Sloops of War What is the oldest US Navy commissioned vessel? correct answers USS Constitution What is the Navy's birthday? correct answers October 13, 1775 Naval Warfare correct answers Describes the inherent nature and enduring principles of naval forces. Naval Intelligence correct answers Points the way for intelligence support in meeting the requirements of both reg...

the one basic characteristic of any type of insurance is that the insured is returned to the same status that existed prior to the loss, but without a chance for gain or profit - ANSWER true which of the following coverages does an open peril policy provide? - ANSWER perils other than those specifically named as being excluded determine the actual cash value in the following situation: original price of office equiptment when purchased 8 years ago- 9,000. depreciated amount at time of fire...

Environment correct answers The external surroundings that act on an organism, population, or community and influence its survival and development. Environmental value(s system) correct answers This is a worldview or paradigm that shapes the way an individual, or group of people, perceives and evaluates environmental issues. Minamata disaster/disease correct answers This is a neurological syndrome caused by severe mercury poisoning. The Chico Corporation built a chemicals factor in Minamat...

MAN 4151 Exam 2 Exam Questions And Answers (Verified And Updated) Group - answertwo or more individuals, interacting and interdependent, who have come together to achieve particular objectives. Formal groups - answerthose defined by the organization's structure Informal groups - answeralliances that are neither formally structured nor organizationally determined Social identity theory - answerconsiders when and why individuals consider themselves members of groups -people pride themsel...

Assignment Correct Answer The transfer of a policy to another party. Often done when commercial property is sold to a new owner. Building & Personal Property (BPP) Correct Answer The commercial property policy for larger businesses. Business Income Policy Correct Answer A commercial policy covering the indirect loss of income following a loss. Cancellation Correct Answer Termination of a policy during the policy period. Casualty Insurance Correct Answer A broad term which includes al...

PA property & casualty insurance exaProperty - ANSWER you can possess/ physically touch BI - ANSWER bodily injury PD - ANSWER Property damage Liability/casualty - ANSWER what you pay the other guy personal lines insurance - ANSWER cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance - ANSWER needs of a business direct loss - ANSWER example - house burns down indirect loss - ANSWER example - additional money you will have to spend to live somew...