Which of the Following Is an Example of Rescission

question 22

Multiple Choice

Which of the following is an example of rescission?

• A)Sue pays for a doctor that is on an approved list.
• B)Bill is disabled and is enrolled in Medicare.
• C)Carla'a health insurance provider cuts off her coverage when Carla becomes sick with gallstones.
• D)Jame's son,Kyle,can automatically join his parents HMO.

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Definitions:

Repair

The action of fixing or restoring something that is damaged or deteriorated to a functional or useful state.

Agency Relationships

A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in dealings with third parties.

Third Party

An entity not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.

Business Transactions

Financial activities or agreements carried out between parties, often involving the exchange of goods, services, money, or property.