Question 32 (2 points) In which of the following scenarios does an insurable interest likely not exist? A business buys life insurance for its Chief Executive Officer. O A business buys an errors and omissions policy for mistakes made by its employees. A landlord buys renters insurance for its renters. A parent buys life insurance for one of her minor children. Question 33 (2 points) A German and a Canadian company enter into an agreement under which the German company will distribute the Canadian company's products in Germany. The companies decide to sign the agreement both in English and a translated German version. Which of the following would be their best course of action? Agree to not address the language issue in the agreement. Agree that, in the event of a dispute, only the English language version would be used to interpret the intent of the parties. Agree that, in the event of a dispute, an arbitrator would decide which version of the agreement should be used to interpret the intent of the parties. Agree that, in the event of a dispute, either language version of the agreement could be used to interpret the intent of the parties