Which of the Following Best Describes a "Key-Person" Insurance Policy

question 143

Multiple Choice

Which of the following best describes a "key-person" insurance policy?

• A) It is a fire insurance policy purchased to insure the home of close relatives.
• B) It is a life insurance policy purchased by an individual naming his or her spouse or children as beneficiaries.
• C) It is a life insurance policy purchased by a business insuring its key employees or officers.
• D) It is a health insurance policy that extends coverage to the family members of the insured.
• E) It is a business policy that covers losses by dishonest key employees.

Understand the employer's preference for different resume types and how it impacts their selection process.

Comprehend the structure and phases of an employment interview.

Realize the interviewee's role in managing impressions and the importance of preparedness.

Know how to effectively navigate the questioning phase of an interview and the appropriate ways to handle unlawful questions.

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Definitions:

Gas Cans

Portable containers designed specifically for the storage and transport of gasoline or other flammable liquids.

Foreseeable

An event or consequence that a reasonable person would expect to occur under the circumstances.

Strict Liability

denotes a legal principle where a party can be held responsible for damages or loss without the plaintiff having to prove negligence or fault.

Punitive Damages

Financial compensation awarded to a plaintiff to punish the defendant for particularly harmful behavior and deter future similar actions.