Why is business regulated - Study guides, Class notes & Summaries

C16 Business of Insurance -Practice Exam Questions with Complete Solutions Explain the economic laws of Supply and Demand, and explain why these laws do not strictly apply to automobile insurance. pages 3-3 and 3-13. the economic theory of supply and demand proposes that more resources will be allocated to a product that increases revenue. The law of supply provides that the higher the price, then more will be supplied. the law of demand provides that, with all other factors equal, le...

Why was the commercial Insurance Deregulation Act Created? To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? Commercial policies When must rate amendments & policy forms be filed with the commissioner? 30 days before What losses are excluded from flood insurance? -Landslides -Sewer backup -Windblown Rain -S...

Arizona Jurisprudence Exam Questions with correct answers Latest Graded A+. Assistive Personnel - correcyt answersincludes PTA's, aides, and others who are trained and provide care under a licensed PT Business entity - correcyt answersan organization that has an ownership that includes anyone who isn't licensed to provide PT that offers the public professional services regulated by the board General Supervision - correcyt answerssupervising PT is on call and readily available via teleph...

Arizona Jurisprudence Exam Questions with correct answers Latest Update | Graded A+. Assistive Personnel - correcyt answersincludes PTA's, aides, and others who are trained and provide care under a licensed PT Business entity - correcyt answersan organization that has an ownership that includes anyone who isn't licensed to provide PT that offers the public professional services regulated by the board General Supervision - correcyt answerssupervising PT is on call and readily available v...

Which of the following is a characteristic of debtor-creditor relationships: A. Designed to monitor accounts B. Controlled by industry standards C. Intended to increase competition D. Regulated by various laws - D. Regulated by various laws There are several laws that regulate the use of credit. These laws are intended to guarantee that credit is managed fairly. The laws tend to improve the debtor-creditor relationship because there are rules in place that apply to both parties. De...

Why was the commercial Insurance Deregulation Act Created? Correct Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? Correct Answer Commercial policies When must rate amendments & policy forms be filed with the commissioner? Correct Answer 30 days before What losses are excluded from flood insurance? Correct Answ...

CIPM – IAPP Questions and Answers Already Graded A Strategic Management is the first high level necessary task to implement proactive privacy management through the following 3 subtasks: (1) Define Privacy Vision and Privacy Mission Statementnn(2) Develop Privacy Strategynn(3) Structure Privacy Team Strategic management of privacy starts by creating or updating the organization vision and mission statement based on privacy best practices that should include: (1) Develop vision and mi...

NJ Property/ Casualty Insurance Exam Why was the commercial Insurance Deregulation Act Created? - Answer To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - Answer Commercial policies When must rate amendments & policy forms be filed with the commissioner? - Answer 30 days before What losses are excluded from floo...

Conduct and Practices Handbook (CPH) Exam 136 Questions with Answers Duty of care - CORRECT ANSWER This refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

Understand the concept of nutrient density and state how it can be used to determine the healthfulness of foods - Answer-A measure of nutrients provided per calorie of food Foods rich in nutrients relative to their energy content (calories) usually whole foods; lower calroies and higher nutrient foods ex: fruits & veggies = energy dense; spam & candy - not energy dense; whole foods = energy dense Identify the six classes of nutrients. Recall the energy yield (kcal/gram) for carbohydrate, pr...