98610 Intermediate Trivia Questions
98610 public questions at this depth. How many can you answer?
Which luxury department store has a flagship at 611 Fifth Avenue in New York City?
Answer
Saks Fifth Avenue
What is Costco's well-known private-label brand?
Answer
Kirkland Signature
CVS Pharmacy was originally named what?
Answer
Consumer Value Stores
What was eBay's original name from 1995 to 1997?
Answer
AuctionWeb
Which retail chain was founded by Frank Winfield Woolworth in 1879?
Answer
F.W. Woolworth Company
Which French retailer originated the hypermarket format?
Answer
Carrefour
Which grocery chain was the first to introduce shopping carts in 1937?
Answer
Humpty Dumpty
Which department store chain pioneered the 'white sale' in the late 19th century?
Answer
John Wanamaker
What was the name of the first self-service grocery store, opened in 1916?
Answer
Piggly Wiggly
What is the name of the document that franchisors in the US must provide to potential franchisees?
Answer
Franchise Disclosure Document
What is the name of the standard exclusion in liability policies for harm the insured intended to cause?
Answer
Expected or intended injury exclusion
What federal law prohibits insurers from using genetic information for underwriting?
Answer
Genetic Information Nondiscrimination Act
What is the largest health insurance company in the United States by revenue?
Answer
UnitedHealth Group
What U.S. state was the first to adopt a no-fault auto insurance system?
Answer
Massachusetts
What is the name of the database used by U.S. insurers to share information about claims history?
Answer
Comprehensive Loss Underwriting Exchange
What is the term for insurance that covers the cost of legal defense for professionals against negligence claims?
Answer
Errors and omissions insurance
What U.S. president signed the Affordable Care Act into law?
Answer
Barack Obama
What is the term for a payment made by an insurer without legal obligation as a gesture of goodwill?
Answer
Ex gratia payment
What is the name of the international insurance supervisory body?
Answer
International Association of Insurance Supervisors (IAIS)
Which U.S. state was the first to mandate automobile liability insurance?
Answer
Massachusetts
What type of insurance covers professionals against malpractice lawsuits?
Answer
professional liability insurance
What does 'NAIC' stand for in U.S. insurance regulation?
Answer
National Association of Insurance Commissioners
What is the term for the process of evaluating risk to set insurance premiums?
Answer
underwriting
What does 'HMO' stand for in health insurance?
Answer
Health Maintenance Organization
Under US GAAP, what inventory valuation rule requires inventory to be reported at the lower of its cost or its market value?
Answer
Lower of cost or market
Accumulated depreciation is an example of what type of account?
Answer
Contra asset account