Multiple Choice
What is the primary value of insurance to business enterprise?
A) It removes all tort and contract liability risk.
B) It provides a means to shift risk away from the business to an insurer.
C) It shields directors and officers from personal liability.
D) It imposes a duty of utmost good faith on the business enterprise.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Which of the following is an implication
Q16: Manitoba and Quebec both use a no
Q17: Upon which of the following qualifications being
Q18: Which of the following is a problem
Q19: Some policies,such as fire insurance policies,require the
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Q22: The test for whether the insured has
Q23: Each province in Canada has an automobile
Q24: What is the name given to the
Q25: What is the relationship between subrogation and