Homeowners insurance policies usually cover resident relatives of the named insured who are under age 24 and who are full-time students away from home. Under the homeowners policy, these full-time students are considered

A) first named insureds.
B) second named insureds.
C) other insureds.
D) additional insureds.


Answer: C

Business

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Matthew has just had a child placed in his foster care. He has requested unpaid leave to care for the child. Matthew may be able to take this leave and return to his original job (or an equivalent one) under ________.

A. Social Security B. the Affordable Care Act C. the Family and Medical Leave Act D. Medicare E. high-deductible health plan (HDHP)

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Ratification may relate to acts that have exceeded the authority granted to an agent

a. True b. False Indicate whether the statement is true or false

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The seller has an insurable interest in goods even though he no longer owns them if he continues to retain a security interest in them

Indicate whether the statement is true or false

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A Type I error occurs when we:

a. reject a false null hypothesis. c. don't reject a false null hypothesis. b. reject a true null hypothesis. d. don't reject a true null hypothesis.

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