please solve it fast in 15 min

The policy maquing thing of proof of the sample declaration con ingen mcellaneous prison QUESTIONS Which of the following statements about offer and acceptance for insurance contracts is true In property and ability insurance, agents typically do not have the idhority to bind coverage In We insurance, the agent can usually accept an offer by immediately binding coverage In property Insurance, the offer and acceptance are usually in writing but may be oral In life insurance, completing the application and paying the first premium constituto acceptance of the offer from the Inter QUESTION 9 Mark has been an underwriter for 20 years. An application he recently reviewed looked odd to him. The building value in the application seemed for too high, and Mark suspected the applicant might be planning to destroy the property after it is insured, Mark hired an outside firm to investigate the applicant and to prepare a report about the applicant. This report is called an) agent's report binder physical inspection Inspection report What method can be used to improve a company's Loss ratio 1. Decrease premiums II. Increase Incurred losses O I only O ll only O Both I and II O Neither I nor