Smith applies for an auto loan from his bank and is told that to get the loan he must also purchase auto insurance from an agent approved by the bank. This practice is prohibited in most states by
A) reciprocal laws,
B) anticancellation laws,
C) anticoercion statutes,
D) tort reform,
E) service-of-process statutes.
Correct Answer:
Verified
Q41: Match the descriptions with their terms:
-The 1984
Q42: All but one of the following are
Q43: Insurance is regulated by government for all
Q44: A life insurance agent persuades Jones to
Q45: All but one of the following affect
Q47: Laws requiring an insurer to submit its
Q48: Truth in advertising in insurance is subject
Q49: Which of the following was a Supreme
Q50: Arguments for state regulation of insurance, as
Q51: The purpose of state insolvency, or guaranty,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents