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Quetta

Quetta

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Zack A verified

Numerade educator

c. Alex has misrepresented the product he is selling. d. Once the policies are issued, misrepresentation is no longer an issue. 10. Stauffer Insurance Agency has entered into a contract to represent Great American Insurance Company. When Carol Nelson, an agent with Stauffer, is working with Great American to place the Dysart Trucking account, she is operating under ________ authority. (Search Chapter 3) a. apparent b. ratification c. ostensible d. express

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RESUBMIT QUESTION

Alex and Tim have been friendly competitors for 5 years. Tim's agency is advertising a new homeowners product that is competitively priced. Alex is frustrated and decides to advertise in the local newspaper. His ad shows a little side comparison of his homeowners product and Tim's homeowners product. However, he omits a few policy terms in Tim's policy to make his policy look more desirable and shows a lower price for his product than is available. Which of the following statements accurately depicts what Alex has done?

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