If the insurer broadens coverage during the policy period without an increase in premium, and the broadened coverage is not part of a general program revision, the insured is entitled to the broadened coverage under which policy provision?
A) waiver of policy provisions
B) subrogation
C) liberalization clause
D) pair or set clause
Answer: C
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Which type of interview would be likely to include a question such as, "You seem wholly unqualified for this job, and your answers have been terrible so far. Why should we continue with this?"
A) Stress B) Structured C) Screening D) Situational E) Panel
Comet Corporation's liability account balances at June 30, 2013 . included a 1 . percent note payable. The note is dated October 1 . 2011, and carried an original principal amount of $600,000 . The note is payable in three equal annual payments of $200,000 plus interest. The first interest and principal payment was made on October 1 . 2012 . In Comet's June 30, 2013 . balance sheet, what amount
should be reported as Interest Payable for this note? a. $10,000 b. $15,000 c. $30,000 d. $45,000
The product Spanx is an example of an ordinary innovation.
Answer the following statement true (T) or false (F)
Credit extended to consumers for short periods of time to make specific purchases is
A) installment credit. B) non-installment credit. C) revolving open-end credit. D) minimum limit credit.