EXIT Certificate CH1 Example These questions are similar to the exam for CH1 - give them a go! Question Title * 1. Which of the following best describes Loss Assessors presenting claims to Insurers on behalf of the Policyholder ? The are regulated by the FOS The are regulated by the ABI They are regulated by Insurers The are regulated by the FCA OK Question Title * 2. FUEDI objectives are best described as which of the following? They seek co-operation of European Insurance regulators They seek co-operation of European Insurance Brokers They seek co-operation of Insurance Companies across Europe They seek co-operation amongst professional associations in member states OK Question Title * 3. Acceptance in relation to Contract means which of the following? The acceptance must be similar to the offer and must not try to introduce new terms. The acceptance must be identical to the contract and must not try to introduce new terms. The acceptance must be identical to the offer and must not try to introduce new terms. The acceptance must be identical to the offer and may try to introduce new terms. OK Question Title * 4. Which of the following BEST describes Privity of Contract? Only people who are party to the contract can sue under the contract Only people who are party to the contract can sue or be sued under the contract Only people who are party to the contract can be sued under the contract Only Private individuals can sue under the contract OK Question Title * 5. Which of the following best describes the effect of the Proferentem Rule? The meaning that is most advantageous to the writer of the contract will be used. The meaning that is least advantageous to the writer of the contract will be used. The meaning that is advantageous to the writer and other parties of the contract will be used. The meaning that is most advantageous to the consumer of the contract will be used. OK SEE HOW YOU DID