``` #1 All the following are true concerning conservation of a company except: ``` $100,000 is the most that a guaranteed company will pay for a life claim all companies report their financial reports to commissioner every year workers comp claims are paid first commissioner has the right to take over a company if financial reports are negative

Pre-license Test Flashcards by Anna Hicks

#1
All the following are true concerning conservation of a company except:

$100,000 is the most that a guaranteed company will pay for a life claim
all companies report their financial reports to commissioner every year
workers comp claims are paid first
commissioner has the right to take over a company if financial reports are negative

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