Examlex
One of Richard's duties in his new job is to be active on LinkedIn and other professional social networks.Which of the following activities should he avoid when using social media for his company?
Loss Occurs
Refers to the moment when a financial loss happens due to an insured event.
Insurable Interest
A requirement that a person seeking to purchase insurance has a sufficient stake in the safety or preservation of the insured item or individual to obtain insurance coverage.
Named Beneficiary
An individual, group, or entity explicitly designated to receive benefits from a policy or account.
Partnership
A lawful business structure operated by two or more people who divide management duties and share the profits.
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