Which of the Following Statements About Mutual Insurers Is True

question 50

Multiple Choice

Which of the following statements about mutual insurers is true?

• A)They are legally organized as partnerships.
• B)They have a board of directors which is selected by state insurance departments.
• C)They are owned by their stockholders.
• D)They may pay dividends to their policyholders.

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Definitions:

Relationships With Boss

The dynamic and interaction between an employee and their supervisor, which can significantly impact job satisfaction and productivity.

Job Content

Pertains to the specific tasks, responsibilities, and functions associated with a particular job or position.

Job Context

The conditions, environment, and external factors surrounding a job that influence its execution and the satisfaction of the employee.

Competence

The ability of an individual or organization to perform a task or job effectively, often measured against a set of standards.