A direct marketer that seeks to reduce its inventory investment and risk through purchasing its goods after they are paid for by consumers needs to be concerned with _____

The time of payment of claims provision requires that

A) claims must be paid after the insurer is notified and receives the proof of loss B) the insured must periodically submit proofs of loss in order to receive the claim C) the insured must submit the proof of loss within a specified time, or the claim may be denied D) claims must be paid after the insurer is notified of a loss

True or False: A population is the totality of items or things under consideration

Indicate whether the statement is true or false