LOMA 291 Module 1 Questions with
Complete Solutions
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"My company provides backup to Forthright on paying its claims."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-D.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I need prompt handling of my transactions when I make a withdrawal."
,a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-A.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I value having a good job with reliable income and benefits."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-C.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
,"I need Forthright to offer products that meet my clients' needs so that I can earn an income."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-E.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I need to earn a return on my stock investment in Forthright."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
, e. Financial professional Correct Ans-B.
different stakeholder goals Correct Ans-Declare a stockholder dividend
Declare a policyowner dividend
Purchase another company
Expand into a new product line
company needs to
Balance the interests of the different stakeholder groups and
Prioritize each group's interests, if necessary
Board of directors Correct Ans-A corporation's governing body, elected by the owners, that
makes broad policy decisions to ensure that stakeholder interests are safeguarded appropriately.
governance Correct Ans-A corporate board's accountability, responsibility, and authority to
direct an organization to properly fulfill its missions on behalf of legitimate stakeholders.
How does a board of directors safeguard stakeholder interest Correct Ans-- company policy
Complete Solutions
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"My company provides backup to Forthright on paying its claims."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-D.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I need prompt handling of my transactions when I make a withdrawal."
,a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-A.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I value having a good job with reliable income and benefits."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-C.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
,"I need Forthright to offer products that meet my clients' needs so that I can earn an income."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
e. Financial professional Correct Ans-E.
In each of the following questions, select the person who would most likely make each statement
about his or her interests as a stakeholder.
"I need to earn a return on my stock investment in Forthright."
a. Policyowner
b. Stockholder
c. Employee
d. Reinsurer
, e. Financial professional Correct Ans-B.
different stakeholder goals Correct Ans-Declare a stockholder dividend
Declare a policyowner dividend
Purchase another company
Expand into a new product line
company needs to
Balance the interests of the different stakeholder groups and
Prioritize each group's interests, if necessary
Board of directors Correct Ans-A corporation's governing body, elected by the owners, that
makes broad policy decisions to ensure that stakeholder interests are safeguarded appropriately.
governance Correct Ans-A corporate board's accountability, responsibility, and authority to
direct an organization to properly fulfill its missions on behalf of legitimate stakeholders.
How does a board of directors safeguard stakeholder interest Correct Ans-- company policy
