For the Purposes of Vicarious Liability and Authority to Contract,an

question 76

True/False

For the purposes of vicarious liability and authority to contract,an insurance broker can still be considered an agent of the insurer when it appears to the insured that the broker represents the insurance company.

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Definitions:

Birthrates

A statistical figure that represents the number of births per 1,000 people in a population over a specific period of time.

Death Rates

A statistical figure showing the number of deaths per year, often per 1,000 individuals, in a particular population.

World Commodity Prices

The prices of raw materials and agricultural products that are traded on a global scale.

BTU

British Thermal Unit, a measure of heat energy used in the power, steam generation, heating, and air conditioning industries.