Which of the following is NOT a type of agent authority?

A) Express
B) Obvious
C) Apparent
D) Implied"

Ans: B) Obvious

Business

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Which of the following provisions must be included in an individual accident and health insurance policy?

A) 2-year time limit on certain defenses B) Coverage of newborns C) Misstatement of age D) Change of occupation

Business

If manufacturing overhead has been underallocated during the period, and most of the jobs produced have been sold, then

A) Cost of Goods Sold on the income statement should be increased. B) Cost of Goods Sold on the income statement should be decreased. C) finished goods inventory should be increased. D) work in process inventory should be decreased.

Business