Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Your neighbor Sam told you that he buys insurance from your best friend Jack who is an appointed agent of his insurer, the ABC insurance company. Because of his relationship with Jack he is not worried that he will put ABC interests above his and he believes that Jack's loyalty to him will be much greater than that to the insurance company. On the other hand, he knows that Jack is a bit forgetful and he worry that Jack may not get all the information Sam gives him to ABC. He is concerned that this may lead to a problem if he ever has a loss as the insurer could deny coverage on the grounds that they didnt know certain crucial facts. What would you advise Sam?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92037376
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

A professor owned a home next door to a very dilapidated

A professor owned a home next door to a very dilapidated, neglected home. John Cataldo purchased the home next door and made a contract with Wizard Home Improvements for a complete renovation of the property. The profess ...

Help me define corporate social responsibilityhelp me

Help me define corporate social responsibility. Help me conduct research on a Fortune 500 company and how do you determine just how (or if) the company ranks from a CSR perspective. Help me understand if the findings cha ...

What does it mean to be engaged with your work employee

What does it mean to be engaged with your work, employee engagement or lack of engagement.

What could an organisation do to encourage workers to

What could an organisation do to encourage workers to participate in an implementation process?

Why is it important to engage on sustainabilityis it

Why is it important to engage on sustainability? Is it possible for stakeholder relationship to be only one-way? Discuss What is meant by a ladder of stakeholder engagement?

Forced distribution modelin the forced distribution model

Forced Distribution Model In the forced distribution model, employees are ranked such that supervisors are forced to separate them into categories of performance. This eliminates the common rater error of "central tenden ...

How do demographic and economic factors influence ones

How do demographic and economic factors influence one's exposure to natural and technological hazards within a community or region?

Do you believe there are any reasons a company would not

Do you believe there are any reasons a company would not want or need to engage in social media marketing in today's world?

Identify five sources of information that needs to be

Identify five sources of information that needs to be gathered to allow you to monitor whether or not each service has been properly delivered.

Describe how the study of leadership theory ethics and

Describe how the study of leadership theory, ethics and social responsibility has and will continue to help an individual in college become a more effective manager.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved