An incontestability clause prohibits an insurer from contesting statements made in an insurance application until a specified time has elapsed

Indicate whether the statement is true or false


False

Business

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Two types of soft power include __________ and __________ power.

A. legitimate; reward B. reward; referent C. expert; referent D. legitimate; expert E. reward; coercive

Business

A security interest:

a. is an interest only in personal property to secure payment or performance of an obligation. b. is effective against third parties, but not the debtor, when it "attaches.". c. may arise in fixtures under UCC Article 9. d. in fixtures, even if perfected, will not have priority over a mortgage in the real property to which the goods are attached.

Business

Which of the following is true about ISO 14000 certification?

A) It can reduce exposure to liability. B) It deals with environmental management. C) It offers a good systematic approach to pollution prevention. D) One of its core elements is life cycle assessment. E) All of the above are true.

Business

The most significant advantage of automation over human labor is ______.

a. consistency in performance b. high variance in time taken to perform a task c. increased frequency of errors d. the extensive need for programming

Business