Fact Pattern 9-B1 (Questions B1-B3 Apply)

question 15

Multiple Choice

Fact Pattern 9-B1 (Questions B1-B3 apply)
Great Looks Clothing Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices.Hot Trends,Inc.,sends e-mail ads to any e-mail address that Hot Trends can find on the Web or otherwise generate.Ilene sends e-mail notes to her friends,relatives,and co-workers,discussing personal issues and recommending products or services that she likes.
-ConnectWeb,Inc.,an Internet service provider (ISP) ,supplies information to the Federal Trade Commission concerning possible unfair or deceptive conduct in foreign jurisdictions.For this disclosure,federal law gives ConnectWeb and other ISPs immunity from liability.This is

• A)goodwill.
• B)fair use.
• C)a safe harbor.
• D)a license.

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Definitions:

Insurance Premiums

The amount that individuals or entities must pay for an insurance policy to remain active.

Endowment Policy

A life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or on death, often used as a saving or investment strategy.

Life Policy

A life policy is an insurance agreement that pays out a sum of money either upon the death of the insured person or after a set period.

Premiums Payable

The amount due for payment on an insurance policy.