Brassy obtains an insurance policy for her electric guitar collection from Crest Insurance Company. Brassy can cancel the policy

A. at any time.
B. only at the end of a period for which a premium has been paid.
C. only if Brassy no longer has an insurable interest in the collection.
D. only on advance written notice.


Answer: A

Business

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Sampson Supply Inc. has outstanding borrowings that include preferred stock

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Some of the ways that JIT efficiencies are achieved are through reducing the number of vendors, negotiating long-term supply agreements, making less frequent payments, and eliminating inspections.

Answer the following statement true (T) or false (F)

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