A waiver of premium rider allows an insured to waive premium payments if the insured is

A) temporarily disabled
B) unemployed
C) completely and permanently disabled
D) experiencing financial hardship

Ans: C) completely and permanently disabled

Business

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An office supply store can buy an office chair for $30. If the store owner sells the office chair for $45, what is the markup based on the selling price?

a. 25 percent b. 30 percent c. 50 percent d. 15 percent

Business

Josh was sued by his former business partner. He lost the case and has to pay his former partner $10,000. He has not yet done so and is refusing to do so

Josh is applying for a mortgage for a new home. Should he be worried about the lawsuit impacting his mortgage application? A) No, this kind of information is not contained on one's credit report. B) Absolutely, this kind of information is contained on one's credit report.

Business