Reading the 2000 PRSA code of ethics, we can see that advocacy means protecting the confidentiality of client information unless the client advises otherwise
Indicate whether the statement is true or false
TRUE
Business
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All of the following are characteristics of ideally insurable risks EXCEPT:
(a) losses must not be catastrophic (b) losses must not be accidenta (c) there must be a large number of exposure units (d) losses must be determinable and measurable
Business
An armed robber pulled a gun on a teller at the Fourth National Bank. He made off with over $10,000 in cash. Which insuring agreement in a financial institution bond is designed to cover such losses?
A) Insuring Agreement A—Fidelity B) Insuring Agreement B—On Premises C) Insuring Agreement C—In Transit D) Insuring Agreement D—Forgery or Alteration
Business