When must an insurable interest legally exist in property insurance for an insured to receive payment for a loss from the insurer?
A) only at the time of the loss
B) only at the inception of the policy
C) only at the time the loss settlement takes place
D) both at the time of the loss and at the inception of the policy
Answer: A
Business
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The application of negative consequences to stop of change undesirable behavior is known as __________
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following sets of priorities is not the same as {P1=5, P2=2, and P3=2}?
a. {P1=500, P2=200, and P3=200} b. {P1=60, P2=30, and P3=30} c. {P1= 0.5, P2= 0.2, and P3=0.2} d. All of the above sets of priorities are the same as {P1=5, P2=2, and P3=2}.
Business