Which of the Following Is not a Type of Professional

question 36

Multiple Choice

Which of the following is not a type of professional liability policy available in today's insurance marketplace?

• A) Physicians', surgeons', and dentists' policy
• B) Hospital liability policy
• C) Directors' and officers' liability insurance
• D) Business auto liability insurance

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Definitions:

Noninvestment Company

A company whose primary business involves activities other than investing, reinvesting, owning, holding, or trading in securities.

SEC Rule 10b-5

A rule of the Securities and Exchange Commission that prohibits the commission of fraud in connection with the purchase or sale of any security.

Inside Information

Privileged, non-public knowledge about the matters of a company that could provide an unfair advantage in financial trading or business decisions.

Personal Gain

The advantage or benefit obtained for oneself, often in a financial or material sense.