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NU 545 Unit 1 Test Bank Questions and Answers- University of South Alabama
- Exam (elaborations) • 20 pages • 2023
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NU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- University of South AlabamaNU 545 Unit 1 Test Bank Questions and Answers- Universit...
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ALABAMA INSURANCE TEST QUESTIONS & ANSWERS (100% CORRECT)
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ALABAMA INSURANCE TEST QUESTIONS & ANSWERS (100% CORRECT) 
ALABAMA INSURANCE TEST QUESTIONS & ANSWERS (100% CORRECT) 
 
Which welfare program provides assistance to the needy? - ANSWER - Medicaid 
 
Barbara has the right to change the beneficiary designation on her life insurance policy. Barbara's beneficiary is a(n): - ANSWER - revocable beneficiary 
 
Within how many calendar days must all clean electronic health insurance claims be paid in Alabama? - ANSWER - 30 
 
Which type of term policy a...
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Alabama Life and Health Insurance Exam Questions and Answers [2023 - 2024] (Verified by Expert)
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Alabama Life and Health Insurance Exam Questions and Answers [2023 - 2024] (Verified by Expert) 
 
Alabama Life and Health Insurance Exam Questions and Answers [2023 - 2024] (Verified by Expert)
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Alabama Adjusters License Exam Questions and Answers (verified answers) 361 Questions
- Exam (elaborations) • 83 pages • 2023
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Alabama Adjusters License Exam Questions and Answers (verified answers) 361 Questions
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Alabama MPJE Latest Update (2024/2025) Already Graded A
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Alabama MPJE Latest Update 
(2024/2025) Already Graded A 
 
Pure Food and Drug Act (1906) aka Wiley Law Prohibits adulteration and misbranding 
 
Food, Drug and Cosmetic Act (1938) -New drug could not be marketed unless safe 
-Required manufacturer label to have directions for use and warnings about habit forming drugs 
 
Durham-Humphrey Amendment (1951) -Established prescription and OTC drug categories 
-Allowed for oral prescriptions 
-Allowed for refills 
 
Manufacturer label on Rx drugs afte...
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Alabama Property and Casualty Insurance | 127 Questions with 100 % correct answers | Verified
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2 reasons - No Flood - Catastophic, adverse selection 
Watercraft Policy - Open cockpit, 26 feet or less in length 
Absolute Liabilty - Strong Liklihood of harming others 
Intervening Cause - Disruption in chain of events 
Negligence - LBPD - Legal Duty Owed, Breach of Legal Duty, Proximate Cause, and Damages. 
25 mph - What is the maximum horesepower a boat can have and be covered under a H.O. Policy 
Personal Liability Coverage - Single Occurrence Limit - $100,000 - non business activities 
De...
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Alabama Property and Casualty Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 18 pages • 2023
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If a company cancels an auto policy mid term, the refund will be made on 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
d. coinsurance basis - Pro Rata Basis 
What is the term used to describe terminating the insurance relationship at the end of the policy period 
? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion - Nonrenewal 
Which is the best example of an indirect loss ? 
a. sequential loss 
b. liability loss 
c. employee theft 
d. loss of use - Loss of Use 
Which...
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Alabama AdjusterPro Exam for P&C with WC and Crop (2023)
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Alabama AdjusterPro Exam for P&C with WC and Crop (2023) 
 
 
 Alabama AdjusterPro Exam for P&C with WC and Crop (2023) 
1: Incorrect	Indemnification may include all of the following except: 
		reimbursement for hotel costs. 
		 
		reimbursement for rental car costs. 
		 
	Answer Given	payment for repairs to property. 
		 
Actual 
Answer		payment for pain and suffering. 
		 
2: Correct	What is a reserve, in insurance terms? 
		The amount of revenue that the insurer sets aside to pay employee s...
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AL P&C University of Alabama Study Guide questions and answers
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AL P&C University of Alabama Study 
Guide questions and answers
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Alabama Life & Health Insurance Exam Questions and answers
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Alabama Life & Health Insurance Exam 
Questions and answers 
Which of the following would be considered a speculative risk? - 
ANSWER-The possibility the painting you bought might be a long-lost 
masterpiece 
A speculative risk is one in which there is a chance for either loss or 
gain. Example: Gambling, Casino's, Lottery, etc. All of the other 
choices describe pure risk, where there is no chance of gain, only a 
chance of loss exists. 
Which is the proper term for a company owned by its poli...
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University of Alabama OM 300 Chilcutt Final Exam with Verified Answers| 100% Correct| 100% Score
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University of Alabama OM 300 Chilcutt Final Exam with Verified 
Answers| 100% Correct| 100% Score 
Production - The making of goods and services 
Productivity - is the ratio of outputs (goods and services) 
Multifactor productivity - indicates the ratio of goods and services produced (outputs) to many or all 
resources (inputs) 
Competitive Advantage - the creation of a unique advantage over competitors 
Product Life Cycle - introduction, growth, maturity, decline 
Outsourcing - transferring a f...
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