Business law #4
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Which type of insurance covers loss of or damage to vessels, cargo and other property exposed to the perils of the sea? | show 🗑
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| show | true
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| show | false
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| Which of the following types of social insurance provides health insurance and hospital insurance for people 65 and older? | show 🗑
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| show | no-fault insurance
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| Clause in a fire policy that requires the insured to maintain coverage equal to a certain percentage of the total current value of the insured property | show 🗑
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| Exeptions to insurance coverage | show 🗑
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| Modification to the standard fire policy made to satisfy individual needs | show 🗑
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| Party who will indemnify if loss occurs | show 🗑
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| The potential loss that has been insured against | show 🗑
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| show | indemnify
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| show | liability insurance
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| Stated maximum amount that can be paid under a policy | show 🗑
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| show | premium
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| Potential to sustain loss due to the covered risk | show 🗑
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| Indemnifies for loss from personal negligence, chance and accident | show 🗑
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| show | false
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| Depreciation is a common exclusion to property insurance coverage. | show 🗑
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| show | losses due to inept attorneys
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| Which type of insurance covers loss of employment, disability, poverty and medical expense problems? | show 🗑
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| show | true
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| show | insurer
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| Which of the following indemnifies against the cost of medical care necessary to regain physical well-being after an illness? | show 🗑
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| The face amount of a policy is always paid whenever the covered loss is sustained. | show 🗑
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| show | false
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| show | true
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| show | fiduciary duty
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| show | false
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| show | the state
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| A trust terminates at the death of the settlor. | show 🗑
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| show | false
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| show | testamentary trust
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| show | true
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| A deceased person | show 🗑
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| Orally made will | show 🗑
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| Property of the deceased | show 🗑
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| Court appointed representative for a decendant | show 🗑
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| Intestate's personal representative (female) appointed to settle the estate | show 🗑
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| show | inter vivos trust
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| show | holographic will
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| show | private trust
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| show | intestate
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| Creator of a trust | show 🗑
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| Trust created for the fulfillment of an altruistic purpose | show 🗑
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| Trust in which the terms are explicitly stated by the settlor | show 🗑
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| Legal vehicle used to transfer the immediate control of property to another party | show 🗑
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| To die with a valid will | show 🗑
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| show | testator
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| The typical time for all creditors of the estate to file a claim against it is | show 🗑
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| show | inter vivos trust
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
stephparnell