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1. Locate the LawNow article, Mistake #4 in Starting a Small Business: Not Being Adequately Insured by Carole Aippersbach, in the LawNow website. Types of
1. Locate the LawNow article, "Mistake #4 in Starting a Small Business: Not Being Adequately Insured" by Carole Aippersbach, in the LawNow website. Types of losses that may be covered by property insurance may include? Select one: O a. Breach of intellectual property rights O b. Loss of business income O c. An officer of the corporation being responsible under the Environmental Protection Act in respect of spilled contaminants onto public property O d. An employee intentionally hitting your competitor's building with his truck 2. In the LawNow website, find the article, "Mistake #4 in Starting a Small Business: Not Being Adequately Insured" by Carole Aippersbach. In respect of Liability Insurance and Professional Liability, which of the following is also known as Errors & Omissions insurance? Select one: O a. Insurance for negligence while rendering professional services O b. Insurance for a fire loss O c. Directors and Officers Insurance O d. Product liability insurance 3. Go to Sections 646 and 647 of the Insurance Act, RSA 2000, Ch. 1-3. Which of the following does NOT indicate an insurable interest? Select one: O a. Sam and Kelly lived together for several years, but have now been apart for even longer, and remain in a group of best friends O b. Riley is a professional hockey player who pays 15% of earnings to a sports agent O C. Terry and Sid are receiving room and board for free from their Aunt Jean while attending NAIT O d. The three shareholders of a very successful restaurant are respectively also the restaurant general manager, chef and events manager 4. Go to Section 705 of the Insurance Act. RSA 2000, Ch. 1-3 and refer to the Statutory Conditions which appear in it. Recovery of insurance money under an insurance contract: Select one O a. Can be subject to the insurer requiring an autopsy of a deceased insured person, if the law of the applicable jurisdiction allows it O b. Is subject to an unlimited right for the insured to physically examine the person insured O c. Cannot be subject to the insurer requiring an autopsy of a deceased insured person O d. Is subject to an unlimited right for the insurer to physically examine the person insured
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