- Air Canada Vacations Test Air Canada Vacations can show your clients around Asia- Pacific with new guided tours available year-round to: A Japan and South Korea B Singapore and Thailand C I Australia D All of the above D
- Today's ; Earnings US 103.00 US 3.00 vs same day last week SNAP SHOT 30 24
- PART I. WRITE TRUE IF THE STATEMENT IS CORRECT AND WRITE FALSE IFIT IS INCORRECT (2 pt. each) 1. An insurable interest may be applied on life.property, or potential liability. 2. A persen has not an interest in the sums he may be called upon to pay to third parties as a result of accident. 3. The principle of indemnity states that a person may collect more than the actual loss in the event of damage caused by an insured peril. 4. Only contracts in property and liability insurance are subject to principle of indemnity. 5. Subrogation papplied only to policies which are contricts of indemnity.
- Part II: Multiple choice Questions (1.5 pt) 1. Which of the following is not principle of insurance gontract? A. Principles of Insurable Interest B. Principles of Indemnity C. Principles of Subrogation D. Principles of Uimost Good Faith E. All F. None 2. Under which principle an insured must demonstrate a personal loss or the insured will be unable to collect amounts due when a loss due to the insured peril occurs? A. Principles of Insurable Interest B. Principles of Indemnity C. Principles of Subrogation D. Principles of Utmost Good Faith 3. Insurable interest exists in life in all of the following except; A. Self-insurance B. Husband and Wife C. Agents D. Creditors and Debtors E. Partners. 4. Which of the following provides protection only for a definite period of time? A. Term insurance B. Whole life insurance C. Endowment insurance D. Annuities
- Which of the following is correct in describing the communist economic system? Select one: a. Overall production expands rapidly because of central planning b. The centralizeo planning emphasis on capital equipment and military hardware has caused declines in the prices of consumer goods. c. Government ownership of the means of production is only temporary. d. The government owns and operates all sources of production. e. Most government -operated enterprises are very efficien because of central planning.
