All of the following statements about a policy grace period are false, except:
A. Death during the grace period results in the denial of the claim.
B. Grace periods are typically 31 days.
C. Returning the policy during the grace period results in a full refund of
premiums.
D. Not every insurer is required to provide a grace period.
Ans: B. Grace periods are typically 31 days.
Business
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Under the Clayton Act, when large-scale enterprises plan to merge, they must in advance: A)notify the New York Stock Exchange
B)notify the President of the United States. C)complete the necessary financing arrangements. D)notify the Antitrust Division of the Department of Justice.
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