An absolute defense against payment exists if the insurer can show that the insured lacked an insurable interest

Indicate whether the statement is true or false

True

Business

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An attorney in fact is a general agent.

a. true b. false

Business

Which of the following is true when the parameter lambda equals 0.95?

A. The weight given to the most recent observation is 0.95 B. The weight given to the observation one day ago is 95% of the weight given to the observation two days ago C. The weights given to observations add up to 0.95 D. The weights given to the observation two days ago is 95% of the weight given to the observation one day ago

Business