Which of the following policies prevents a corporate officer from being sued for honest mistakes made on behalf of a corporation?

Susan, the beneficiary on John's $500,000 life policy, chose life-only as her settlement option. Susan received 5 years of settlement checks from the insurance company, totaling $150,000. How much will Susan's beneficiary receive upon her death?

A) Nothing, because life-only states that when the beneficiary dies, any remaining death benefit is kept by the insurance company B) Susan's beneficiary will receive checks for the rest of his life C) $350,000 minus taxes and fees D) 350000"

Which of these terms allows for the most discretionary authority by the incumbent?

(a) under general direction (b) under administrative direction (c) under immediate supervision (d) under direction