Professionals such as doctors, lawyers, and accountants often purchase _____ insurance to protect themselves against claims made
Question:
Professionals such as doctors, lawyers, and accountants often purchase _____ insurance to protect themselves against claims made by disgruntled patients or clients.
disability | ||
health | ||
term | ||
malpractice | ||
whole-life |
2 points
QUESTION 12
In the case of life insurance taken on someone else's life, who must have an insurable interest in the subject matter?
the beneficiary | ||
the grantor | ||
the assured | ||
the insurer | ||
the insured |
2 points
QUESTION 13
A landlord will be liable even if he has no duty to repair but negligently makes repairs that themselves turn out to be dangerous.
True
False
2 points
QUESTION 14
The exclusion of implied warranties in general states that _____.
the buyer who has neither examined, nor refused to examine the goods before entering into the contract, may not assert an implied warranty concerning defects an inspection would have revealed | ||
the Uniform Commercial Code does not permit the seller to disclaim, or modify the implied warranty of merchantability, as long as the statement actually mentions "merchantability" | ||
for an implied warranty or merchantability, the disclaimer need not be in writing | ||
for an implied warranty of fitness, the disclaimer need not be in writing | ||
the Uniform Commercial Code does not permit the seller to disclaim, or modify as implied warranty of fitness |
2 points
QUESTION 15
A _____ is any document that evidences the receipt of goods for shipment issued by a person engaged in the business of transporting or forwarding goods.
waybill | ||
letter of credit | ||
packing list | ||
delivery order | ||
bill of lading |
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble