Which of the following statements about workers compensation insurance is (are) true?
I. Under the workers compensation part of the policy, the insurer agrees to pay the benefits required by the workers compensation law of any state listed in the policy declarations.
II. The employers liability part of the policy provides workers compensation benefits when employees are working in states other than those listed in the policy declarations.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: A
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A. Type 1 B. Complexity C. Type 2 D. Behavioral
The U.S. Attorney General brought a Sherman Act lawsuit against competitors in the widget market. The Attorney General alleged that these companies agreed to charge $20 for widgets. Which of the following defenses may apply?
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