Should an insurance agent be held to a duty to advise applicants about coverage? Why or why
Question:
Should an insurance agent be held to a duty to advise applicants about coverage? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
No An insurance agent is the agent of the insurer not of the insured The agent...View the full answer
Answered By
Zablon Gicharu
I am an educator who possesses the requisite skills and knowledge due to interacting with students for an extended period. I provide solutions to various problems in step-by-step explanations, a well-thought approach and an understandable breakdown. My goal is to impart more straightforward methodologies and understanding to students for more remarkable achievements.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted:
Students also viewed these Business questions
-
An insurance agent (interviewed in Jonathan Clements, Dare to Live Dangerously: Passing on Some Insurance Can Pay Off, Wall Street Journal, July 23, 2005, D1) states, On paper, it never makes sense...
-
Carl Brown spoke to an insurance agent about obtaining automobile liability insurance for a Chevrolet Cavalier for which his stepson, who lived with Brown, would be the primary driver. Brown needed...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. While the term malpractice is usually applied to physicians, dentists, attorneys, and...
-
Using the adjustment data listed in P3-2 for San Mateo Health Care, indicate the effects of each adjustment on the liquidity metric Quick Assets and profitability metric Net Income - Accrual Basis....
-
Tarzan is running along the ground and approaching a deep gully. A tree branch with a vine hangs over the gully. Tarzan must grab the vine and swing across the gully to the other side, where the...
-
What happens if an existing file is opened in write mode?
-
Francines mother Donna and her father Darren separated and divorced in September of this year. Francine lived with both parents until the separation. Francine does not provide more than half of her...
-
Specialty Appliances and More, Inc. ( SAM) has a three- year warranty on their solar refrigerators for defects. Warranty costs are estimated at 2% of sales in year one ( the year of the sale), and 5%...
-
Select the necessary words from the list of possibilities to complete the following statements. 27 Statements Answer When using sample. an item from the population may be selected two or more times...
-
1. Identify possible actors and use cases involved in Personal Trainers operations. 2. Create an object relationship diagram for the Personal Trainer information system. 3. Create a use case diagram...
-
Donald Breeden and Willie Buchanan were married in Marion County, Mississippi. They lived in a home in Sandy Hook. Nationwide Property & Casualty Insurance Co. insured the home under a policy bought...
-
James Bubenik, a dentist, had medical malpractice insurance with Medical Protective Co. (MPC). The policy required MPC to defend Bubenik against any malpractice claim and required Bubenik to...
-
The following data represent the proportion of murder victims at various age levels in 2013. If we let M represent the event that a randomly selected murder victim was male, we can also obtain the...
-
List the model assumptions for one-way ANOVA and briefly explain how to assess them.
-
Remember that a correctly labeled graph requires that you label all axes, curves, and equilibrium point values. The word "calculate" means you must show your work. Assume the market for Good Z is in...
-
Answer the following questions by writing a paragraph or two in English. (a) [easy] Previously we defined probability as P(A) = Describe a situtation where this fails to produce the correct...
-
Find f''(x). f(x)=5x-14x- 612x f'(x)=
-
Simplify. 32-6 3-6
-
In Problem write the interval as an inequality or double inequality. (- , 4]
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
Lena, a car dealer, writes to Sam that I have a Honda Civic that I will sell to you for $4,000. This offer will be kept open for one week. Six days later, Todd tells Sam that Lena sold the car that...
-
Under the parol evidence rule, a contract cannot be contradicted by evidence of any other agreements between the parties except in which of the following circumstances? a. Consistent terms can be...
-
Med Labs sends Kraft Instruments a purchase order for scalpels. The order states that Med will not be bound by any additional terms. Kraft ships the scalpels with an acknowledgment that includes an...
-
Green Lawn Company sells garden supplies. Management is planning its cash needs for the second quarter. The following information has been assembled to assist in preparing a cash budget for the...
-
eBook Question Content Area Comparison of Methods of Allocation Duweynie Pottery, Inc., is divided into two operating divisions: Pottery and Retail. The company allocates Power and General Factory...
-
TYBALT CONSTRUCTION Income Statement For Year Ended December 31 TYBALT CONSTRUCTION Income Statement For Year Ended December 31
Study smarter with the SolutionInn App