The entire-contract provision makes the application for life insurance a part of the contract itself if attached
Indicate whether the statement is true or false
TRUE
You might also like to view...
ABC Pharmaceuticals spent significant money on the research, marketing, and distribution of a blood clot medicine. Now that it has been on the market several years and is profitable, they plan to distribute the drug through more channels, even to international markets. They will still make a profit, but still, more people will be able to buy the drug. ABC is operating at what level of corporate social responsibility?
A. economic B. legal C. ethical D. discretionary
What is the advantage to sending a proposal via email?
A) The writer has the opportunity to include a strong business case B) The proposal can be summarized in the email C) Additional information not covered in the proposal can be included D) The receiver can print hardcopies of sections of the proposal, depending on interest E) Costs and risks do not need to be included in the final proposal as they would be covered in the email
Which of the following is not a reason that first movers are better positioned to satisfy their customers?
A. They have a chance to select and secure the most attractive segments of the market B. They have less uncertainty over the nature of the market C. They have the chance to position themselves at the center of the market D. They have a chance to establish their product as the industry standard
A lumber mill bought a shipment of logs for $40,000. When cut, the logs produced a million board feet of lumber in the following grades. Compute the cost to be allocated to Type 1 and Type 2 lumber, respectively, if the value basis is used. Type 1-400,000 bd. ft. priced to sell at $0.12 per bd. ft.Type 2- 400,000 bd. ft. priced to sell at $0.06 per bd. ft.Type 3- 200,000 bd. ft. priced to sell at $0.04 per bd. ft.
A. $13,333; $4,444. B. $16,000; $16,000. C. $40,000; $24,000. D. $24,000; $12,000. E. $24,000; $8,000.