This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements about errors and omissions insurance is (are) true? I. It is ... (Read 50 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Which of the following statements about errors and omissions insurance is (are) true?
 
  I. It is purchased by professionals to protect against claims arising for negligent acts, errors, and omissions.
  II. It is designed to meet the needs of stock brokers, attorneys, engineers, architects and other professionals who give advice to clients.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about physicians, surgeons, and dentists liability insurance is true?
 
  A) Liability coverage is restricted to accidental acts.
  B) The policy eliminates the need for medical practitioners to purchase general liability insurance.
  C) The insurer must obtain the consent of medical practitioners before the insurer can settle claims.
  D) The policy covers the physician for the negligent acts of an employee.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D




soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library