The distinction between a condition precedent and a condition subsequent
A. is important because it determines whether the burden of proof is beyond a reasonable doubt or preponderance of the evidence.
B. seldom arises in insurance cases.
C. determines who has the burden of proof.
D. is important because it determines whether the condition must be express or whether it can be implied.
Answer: C
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To qualify for leave under the Family and Medical Leave Act (FMLA), an employee must have worked:
a. at least 1250 hours during the previous 12 months b. at least 625 hours during the previous 6 months c. at least 2080 hours during the previous 12 months d. at least 1040 hours during the previous 6 months
Sales above the breakeven point will generate a profit.
Answer the following statement true (T) or false (F)
Because of FDIC insurance, a depositor's $1,000,000 would be safe if he or she were to have it evenly deposited among four banks
Indicate whether the statement is true or false.
Pulp Faction is a supplier of paper products that is giving a new buyer short-term credit. What are the conditions it is imposing called?
A) promissory note B) terms of trade C) trade credit D) commercial paper E) net period