Which requirement must be met for an association to be eligible for a group life plan?
Group was formed for a purpose other than acquiring insurance
Group must establish a President
Group must have at least 10 members
Group was formed for the purpose of acquiring insurance
The correct answer is "Group was formed for a purpose other than acquiring insurance". Group life insurance can be formed just as long as they are formed for a reason other than to purchase insurance.
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The termination interview
A. is usually easier than a selection interview. B. need not be in writing in order to avoid a lawsuit. C. should allow time for a lengthy question and answer session. D. should be conducted away from company premises. E. should be conducted by the immediate superior.
The Regulation Fair Disclosure (FD) required companies to ________
A) publicize all potentially market-moving data at the time the data become available B) make market-moving data available only to certain analysts C) have more open relations with analysts who ask for data about the company's market performance D) not share market-moving data with analysts or the public
If you agree with part of a writer's complaint but disagree with other parts, it is best to write a/an
A) Bad News from a Company to a Customer or Vendor letter. B) Partial Adjustment letter. C) Complaint letter. D) 100 Percent Negative Response letter.
The general law of agency does not apply to negotiable instruments
Indicate whether the statement is true or false