Author Question: A pharmaceutical company employs a young chemist who is responsible for three new patents last year ... (Read 70 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
A pharmaceutical company employs a young chemist who is responsible for three new patents last year and for the development of the company's two best-selling drugs.
 
  The company purchased a large life insurance policy on the chemist. In this case, the insurable interest requirement was met because of a(n)
  A) ownership interest.
  B) close family relationship.
  C) pecuniary interest.
  D) economic family relationship.

Question 2

Kim purchased a one-year property insurance policy. She agreed to pay half the premium when she bought the coverage, and the other half six months later.
 
  If Kim fails to pay the second premium, the insurer cannot sue her for the premium because insurance contracts are
  A) unilateral contracts.
  B) contracts of adhesion.
  C) personal contracts.
  D) aleatory contracts.



cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library