Multiple Choice
In general, all of the following statements about Lloyd's of London are true except:
A) members have unlimited personal liability
B) individual members ("names") cooperate in groups known as syndicates
C) if a syndicate is unable to pay its portion of a loss, the insured has the right to collect that unpaid portion from Lloyd's of London
D) Lloyd's is not as preeminent in the insurance marketplace today as it once was
Correct Answer:

Verified
Correct Answer:
Verified
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