The policy provision requiring the filing of proof of loss with the insurer is an example of a(n)
A) declaration.
B) condition.
C) insuring agreement.
D) miscellaneous provision.
Answer: B
You might also like to view...
The difference between the amount received from issuing a note payable and the amount repaid at maturity is referred to as:
A. Cash. B. Principal. C. Accounts Payable. D. Face Value. E. Interest.
An invoice, with payment terms of 2/10, n/30, was issued on April 28 for $235.00. If the payment was made on May 12, the amount of payment will be ________. (Round your answer to the nearest cent.)
A) $235.00 B) $211.50 C) $230.30 D) $233.00
_____sell shares to investors and pool the resulting funds to invest in financial instruments such as corporate stocks, corporate bonds, or other assets.
A. Exchange Traded Funds B. Certificates of deposit C. Government securities D. Mutual funds
If a firm were to earn exactly its cost of capital, we would expect the price of its common stock to
remain unchanged. Indicate whether the statement is true or false