An insurable interest can best be described as:
A) The item is question being fully capable of identification at the time of a loss, even if it
could not have been identified at the time that the insurance policy was taken out.
B) The insurance covering an item that, if damaged or destroyed, would cause a loss for the
party if it were damaged or destroyed in the absence of insurance.
C) The insured having paid the premiums of an insurance policy as called for in the policy.
D) The item in question being fully covered under a valid insurance policy.
B
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There are two methods of amortizing a bond discount or premium: the straight-line method and the double-declining-balance method
a. True b. False Indicate whether the statement is true or false
Informative presentations and persuasive presentations both require timely and credible information. With respect to information, then, what is the primary difference between the two types of presentations?
What will be an ideal response?
A claim of undue influence will be unsuccessful unless the contracting parties have a close relationship of trust
Indicate whether the statement is true or false
Case-Based Critical Thinking QuestionsCase 7-3Sam is a database administrator for a hockey supply store. He is reviewing old data files and recording some basic information in a spreadsheet, including the type of database.The first type of file that Sam finds is a list of customer addresses. Which of these entries would be a correct entry in a flat file database?
A. Smith,Jon,1881 Mango Ct,Atlanta,GA,31123 B. Peters Linda 2991 Montrose Chicago IL 60645 C. both a. and b. D. neither a. nor b.