Briefly define what an incontestability clause on an insurance policy is.
What will be an ideal response?
Some life insurance policies will only pay a death benefit under certain restrictions. How you die determines if you will have coverage.
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Which sentence uses correct capitalization?
A) Jodi must still complete courses in Sales and Accounting to earn her Business degree. B) My office partner, Dr. Corbin Menk, will teach Psychology 101, Abnormal Psychology 235, and Developmental Psychology 244 this spring. C) Darrin earned an A in his Computer Programming class.
An LLC's limitation on liability will not affect the liability of a member who:
a. committed the wrongful act giving rise to the liability. b. guaranteed the obligation. c. Both of these. d. None of these.
Identical elements are maximized when the learning environment matches the trainee as closely as possible.
Answer the following statement true (T) or false (F)
To convert an income statement into a common-size income statement, we restate all the numbers as percentages of ________
A) total revenues B) cost of goods sold C) net income D) total assets