Multiple Choice
Alain and Bette are partners who own and operate Cakes n' Pies, a chain of dessert restaurants. Their partnership obtains insurance on Alain and Bette's lives. This is
A) disability insurance.
B) all-risk insurance.
C) key-person insurance.
D) liability insurance.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Reno is the beneficiary of a life
Q41: A business organization cannot obtain insurance on
Q42: Federal law determines the status of all
Q43: An insurance agent ordinarily works for the
Q44: An applicant for an insurance policy is
Q46: Anna obtains a business liability insurance policy
Q47: Hernando obtains an insurance policy that protects
Q48: Commerce Insurance, Inc., has a valid reason
Q49: Global Reach, Inc., insures its real and
Q50: Bret obtains a fire insurance policy on