Orin is a doctor with Physicians Health Clinic, which obtains insurance from Quotient Insurance, Inc, on Orin's life. Orin dies. The proceeds of the policy belong to
A) Orin's heirs
B) Physicians Health Clinic.
C) Quotient Insurance.
D) none of the choices.
B
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A corporation whose stock is traded on a stock exchange is called a(n)
A) foreign corporation. B) open corporation. C) domestic corporation. D) closed corporation.
In some cases, changing one thing in an organization, such as the compensation system, may affect other unintended areas. Why is this?
a. Organizations are highly dynamic and interactive, and will change often in unexpected ways b. Compensation affects employees, which determines the organization’s entire performance c. Change often fails, and this is a symptom of poorly executed change d. Unintended consequences are often logical, but the change leader just hadn’t thought or planned for them
Which of the following is true of the Securities Act of 1933?
A. It prohibited misrepresentation in the sale of newly issued stocks and bonds. B. It made firms issuing new securities independent of the Securities and Exchange Commission. C. It issued a list of protocols for brokers and brokerage firms. D. It established the Financial Stability Oversight Council.
Angela's home became overrun with termites. She had to stay in an apartment temporarily while her home was being fixed
The provision on her home owners policy that covers her expenses while she is not able to live in her home is known as: Coverage D: Loss of Use. Indicate whether this statement is true or false.