Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 12 Nov 2017 My Price 5.00

North American Specialty Insurance Co.

North American Specialty Insurance Co. (NAS) underwrote construction bonds. Brunson Bonding and Insurance Agency was an agent for NAS, and Reid Methvin was an employee of Brunson. The agency agreement between NAS and Brunson required NAS to give prior approval before a construction bond was issued. Methvin issued bonds without prior approval from NAS. After NAS learned about the unauthorized bonds, it accepted and kept the premiums from Brunson. When a number of the unauthorized bonds resulted in defaults, causing NAS to pay out claims on them, NAS sued Methvin, Brunson, and Brunson’s insurer. The defendants argued that acceptance of the premiums by NAS constituted ratification of Methvin’s unauthorized acts. Did it?

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Nov 2017 07:11 PM My Price 5.00

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