When Maria applied for a life insurance policy, she answered "No" in response to the question "Have you visited a doctor for any reason during the previous 12 months?" In fact, Maria visited a doctor five weeks ago after experiencing chest pains. She was referred to a specialist who determined that Maria has severe heart disease. If Maria dies shortly after the life insurance policy is issued, on what grounds will the insurer be successful in denying the claim?
concealment
warranty
misrepresentation
waiver
misrepresentation
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In the dynamic model of money,
A. both people's income and money supply are endogenous variables. B. both people's income and money supply are exogenous variables. C. people's income is an endogenous variable, while money supply is an exogenous variable. D. people's income is an exogenous variable, while money supply is an endogenous variable.
The product hierarchy stretches from basic needs to particular items that satisfy those needs
Indicate whether the statement is true or false
Beverages that are high in sugar are called ________ products
A) deficient B) pleasing C) salutary D) desirable E) salubrious
The effective interest method of amortization of bond premiums and discounts is superior to the straight-line method because it results in a(n)
a. more variable interest rate. b. uniform rate of interest. c. interest rate that increases or decreases slightly over time. d. interest rate that is close to the market interest rate.