89- Courts interpret insurance policy provisions as they would be understood by a(n) __________.

Multiple Choice

• attorney in general practice
• attorney board-certified in insurance law
• average person
• reasonable juror

94- A bankruptcy petition under Chapter 7 can be filed __________.

Multiple Choice

• only by the debtor
• only by the debtor's creditor(s)
• only by the trustee
• either by the debtor or his creditors

98- Which of the following is correct regarding financing statements?

Multiple Choice

• A financing statement serves as actual notice to the world.
• A financing statement must give the name of the secured party.
• A financing statement is effective for a period of three (3) years from the date of filing.
• A financing statement must include the names of any incidental beneficiaries to the underlying sales contract.

99- As a general rule, which of the following would not be covered in a professional liability policy?

Multiple Choice

• Tortious conduct in the practice of a profession
• Negligent professional conduct causing harm to a third party
• Intentional wrongful professional conduct
• Bodily injury in a medical malpractice claim