Omni Insurance Company violates a state licensing statute when selling an insurance policy to Petra, in whose state Omni is not licensed to sell insurance. As a member of the class of persons protected by the statute, Petra can
A) ?do nothing with respect to the policy
B) enforce the policy or recover the amount of the premiums paid.
C) ?only enforce the policy.
D) ?only recover the amount of the premiums paid.
B
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A proxy contest is one in which incumbent directors are impeached
Indicate whether the statement is true or false
Obtaining funds from private investors:
A. involves a great deal of time and expense. B. is a public offering. C. is covered by Regulation D. D. is inappropriate for new ventures.
Violations of Section 16(b) of the Securities Exchange Act of 1934 include the sale by insiders of stock acquired less than six months before the time of sale.
Answer the following statement true (T) or false (F)
Marina, a garments manufacturing company, signed a contract with Tertch Tex, a textile company, to receive 2 million pounds of yarn at a rate of $2 per pound. However, Tertch Tex hikes up the price to $5 per pound just before the day of delivery. Marina files a lawsuit against Tertch Tex for breaking an enforceable contract and receives $100 million in compensation. In this context, which dimension of the business environment is affected the most?
A. The economic environment B. The technological environment C. The social environment D. The political environment