2024 Higher Education Learning Solutions Catalog

REGULATORY FRAMEWORK AND LEGAL ISSUES IN BUSINESS II

—ƒŽ”‡‹•‡‹ •—•”–‹ƒƒ‡–‹‰ ƒ ‘•• —†‡” ƒ ’‡ ‘Ž‹ › ‘ˆ ͸ͳ͹

ˆƒ‹”Žƒ‹‡––Ž‡‡–”ƒ –‹ ‡•  ͳʹ     ͸ͺͺ  ͳ͵      ͸ͺͻ  ͳͶ   ͸ͺͻ ‘•‡”˜ƒ–‘” ͸ͻͲ  ͳͷ    ͸ͻͲ •‘Ž˜‡ › ͸ͻʹ   ͳ͸            ͸ͻʹ ‡”‰‡” ͸ͻ͵ ‘•‘Ž‹†ƒ–‹‘ ͸ͻ͵   ͳ͹            ͸ͻͷ ‘–‹‰”—•– ͸ͻͺ  ͳͳͺͻ    ͹Ͳ͵ ͹Ͳͷ ”‘ˆ‡••‹‘ƒŽ‡‹•—”‡” ͹Ͳͷ  ʹͲ     ͹Ͳ͸ ‘–”‘Ž ͹Ͳ͹ ‘Ž†‹‰‘’ƒ› ͹Ͳ͹ ‘–”‘ŽŽ‡† •—”‡” ͹Ͳͺ ‘Ž†‹‰‘’ƒ››•–‡ ͹Ͳͺ ‘–”‘ŽŽ‡†‡”•‘ ͹Ͳͺ ”—‡‘” ƒŽ•‡ ͹ͳ͵ CHAPTER IV SALES AGENCIES AND TECHNICAL SERVICES ͹ͳͷ  ͳ    ͹ͳͷ •—”ƒ ‡‰‡– ͹ͳͷ •—”ƒ ‡”‘‡” ͹ͳͷ  ʹ  ͹ʹͳ ‡‹•—”ƒ ‡”‘‡” ͹ʹͳ  ͵   ͹ʹʹ ‡•‹†‡–‰‡– ͹ʹʹ  ͶǦ   ͹ʹ͵ •—”ƒ ‡†‡”™”‹–‡” ͹ʹ͵ ‡“—‹”‡‡–•ˆ‘”‡‰‹•–”ƒ–‹‘ ͹ʹͶ  ͷ  ͹ʹͶ †Œ—•–‡” ͹ʹͷ †‡’‡†‡–†Œ—•–‡” ͹ʹͷ —„Ž‹ †Œ—•–‡” ͹ʹͷ Grounds for Suspension or Revocation of an Adjuster’s ‹ ‡•‡ ͹ʹ͸  ͸  ͹ʹ͹  –—ƒ”› ͹ʹͺ ”‘–——ƒ”†›• ˆ‘” —•’‡•‹‘ ‘” ‡˜‘ ƒ–‹‘ ‘ˆ ‡‰‹•–”ƒ–‹‘ ‘ˆ ͹ʹͺ  ͹        ͹͵Ͳ ƒ–‹‰”‰ƒ‹œƒ–‹‘ ͹͵Ͳ ͸ͺ͵

 ʹ   Ž–‡”ƒ–‹‘™Š‹ Š†‘‡•‘–‹ ”‡ƒ•‡–Š‡”‹•  ͵   Ͷ  ‘–”ƒ –‘ˆ—”‡–›•Š‹’ Nature of Surety’s Obligations 

͸ͳͺ ͸ʹͳ ͸ʹʹ ͸ʹͶ ͸ʹͷ ͸ʹ͸

 ͷ   ͸ʹ͹ ƒŠ•‡‡‘ˆ•——”‹‡”‹†‹‡ ƒ ‹ˆ‡ •—”ƒ ‡ ‘–”ƒ – •ŠƒŽŽ „‡ ‹ƒ„Ž‡ ‹ ͸ʹͺ ”‘—’ •—”ƒ ‡ ͸͵ͳ  ͸   ͸͵ʹ ‹ ”‘‹•—”ƒ ‡”‘†— – ͸͵͵ CHAPTER II-A FINANCIAL REPORTING FRAMEWORK ͸͵ͷ ”—‡‘” ƒŽ•‡ ͸͵͸ —Ž–‹’Ž‡Š‘‹ ‡—‡•–‹‘• ͸͵͸ CHAPTER III THE BUSINESS OF INSURANCE ͸Ͷ͵   ͳ   ǡ    ǡ        ͸Ͷ͵ •—”‡”‘” •—”ƒ ‡‘’ƒ› ͸Ͷ͵ —–—ƒŽ‡‡ˆ‹–••‘ ‹ƒ–‹‘ ͸Ͷ͵ ‘‡•–‹ ‘’ƒ› ͸Ͷ͵ ‘”‡‹‰‘’ƒ› ͸Ͷ͵ ‘—ƒŽ’‹ˆƒ‹ ƒ‹–‡‹•‘• ‘ˆ ƒ ‹”‡ –‘” ‘” ˆˆ‹ ‡” ‘ˆ •—”ƒ ‡ ͸Ͷͷ ‡”‘ˆ‡”–‹ˆ‹ ƒ–‡‘ˆ—–Š‘”‹–› ͸Ͷͷ —–—ƒŽ •—”ƒ ‡‘’ƒ› ͸Ͷͺ ‡•‹†‡–‰‡– ͸ͷʹ  ʹ ͸ͷ͵ ‘Ž˜‡ ›‡“—‹”‡‡–• ͸ͷͶ  ͵ ͸ͷͶ  Ͷ  ͸ͷ͹ ‡–ƒ”‹‰•˜ƒ‹Žƒ„Ž‡ˆ‘” ‹š‡†Šƒ”‰‡• ͸͸ͳ ‹š‡†Šƒ”‰‡• ͸͸ͳ  ͷ ͸͸ͷ  ͸       ͸͸͹ •—”ƒ ‡—†‡”™”‹–‡” ͸͸͹  ͹   ͸͸͹ ‡‹•—”ƒ ‡”‡ƒ–› ͸͸ͺ  ͺ ͸͸ͻ  ͻ   ͸͹Ͳ ‹†‡” ͸͹ͳ ‡”‘Ž‹ › ͸͹͵  ͳͲ  ͸͹ͻ ƒ”‹ƒ„Ž‡‘–”ƒ – ͸ͺͲ  ͳͳ  ͸ͺʹ

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