Which of the Following Statements Is (Are)true with Respect to the Differences

question 14

Multiple Choice

Which of the following statements is (are) true with respect to the differences between insurance and surety bonds?
I.Insurance is a two-party contract;surety involves three parties.
II.Insurers usually do not have the right to recover a loss payment from an insured,while a surety does have the legal right to recoup a loss payment.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

---

Definitions:

Sexual Preferences

An individual's patterns of attraction, often defined by the gender identity, gender expression or biological sex they are attracted to.

Transgendered People

Individuals whose gender identity differs from the sex they were assigned at birth.

Minority Sexual Orientation

Sexual orientation that is not heterosexual, reflecting a diversity of sexual preferences and identities.

Mental Health Organizations

Institutions that work to provide resources, support, education, and advocacy for individuals dealing with mental health conditions.