Which one of the following is not a basic part of an insurance contract?

Senior managers throughout an organization may be involved in

A. developing the strategic plan elements. B. personally formulating the plan. C. making decisions that shape strategies. D. contributing minimal elements. E. implementing the plan.

Using your credit cards for cash advances is a relatively cheap way to borrow money because you usually do not start paying interest until the next billing period

Indicate whether this statement is true or false.