subject
Business, 29.01.2020 14:54 wingleo1112

Dave is an agent for easy pay insurance. easy pay insures only high-quality applicants. dave wanted to earn more commissions, so he sold some policies to applicants he knew were below-average risks. when these policyowners started filing claims, easy pay tried to deny the claims stating that dave had not acted appropriately. which general rule of agency makes easy pay responsible for the claims of the higher-than-average risk policyowners? there is no presumption of an agency relationship. agents should be compensated based on the quality of the business they generate. an agent must have authority to represent the principal. a principal is responsible for the acts of its agents who are acting within the scope of their authority.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:30
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
question
Business, 22.06.2019 20:10
Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%
Answers: 2
question
Business, 22.06.2019 22:30
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
question
Business, 23.06.2019 04:40
Maria's family drove 140 mi to her grandparents' house and averaged 56 mi/h on the way thereon the return trip, they averaged 50 mi/hwhat was the total time maria's family spent driving to and from her grandparents' house? o2.5 ho 2.6 ho5.2 ho 53 hnext
Answers: 3
You know the right answer?
Dave is an agent for easy pay insurance. easy pay insures only high-quality applicants. dave wanted...
Questions
question
History, 04.02.2020 15:51
question
Mathematics, 04.02.2020 15:51
question
Computers and Technology, 04.02.2020 15:51
Questions on the website: 13722365