31.Which of the following is liability arising from the ownership, maintenance, and use of premises and conduct of activity?

Select one:

a. Nonownership liability

b. Professional liability

c. Contingent liability

d. Premises liability

e. Operations liability

32.Which of the following explains the details of the contracts and promises between the debt contract parties?

Select one:

a. Covenants

b. Underwritings

c. Capital structures

d. Due diligence

e. Actuaries

33.If an insurer wants to void a contract it has issued to a person in reliance upon the information she provided, it must prove that what she misrepresented was material. That is, the insurer must prove that:

Select one:

a. the information was incorrect and get evidence for it.

b. the information was incomplete, but complete knowledge would not result in any change in the contract.

c. the information was so important that if the truth had been known, the underwriter would not have made the contract.

d. the information was incorrect, even though it was not relevant to the contract.

e. the information provided was incorrect but unintentional.

34.In traditional fee-for-service medical expense insurance, basic health care benefits cover:

Select one:

a. surgical, medical, and major medical expenses.

b. hospital, comprehensive, and medical expenses.

c. hospital, surgical, and medical expenses.

d. hospital, surgical, and comprehensive expenses.

e. hospital, supplemental, and major medical expenses.

35.A claim for the death benefit under this receipt will be paid if death occurs while one's application for life insurance is being processed even if the deceased is found not to be insurable. Identify this receipt.

Select one:

a. Estoppel

b. Conditional receipt

c. Binding receipt

d. Waiver receipt

e. Facultative receipt