Which of the following statements is false?
A) factory mutuals insure only highly protected risks
B) a stock insurance company is a profit making venture in both life and property insurance
C) dividends are paid to stockholders of stock companies
D) in stock companies, non insured stockholders bear none of the risk of loss
Correct Answer:
Verified
Q3: Lloyd's of London:
A) is a large property-liability
Q5: In general,all of the following statements about
Q7: Which of the following is not a
Q11: Which of the following statements about stock
Q12: All the following are true about fraternal
Q15: A mutual insurer:
A) is not a corporation
B)
Q22: Stock insurers:
A) are unincorporated
B) only sell property
Q23: Savings bank life insurance:
A) is sold only
Q33: Lloyd's of London:
A) is an unincorporated, not-for-profit
Q34: A stock insurer is managed by:
A) an
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