Purposes of the coinsurance clause in health insurance contracts include which of the following? I. To reduce premiums. II. To exclude coverage for certain medical procedures

The Uniform Limited Liability Company Act contains provisions allowing existing businesses

operating under other forms to convert to an LLC. Indicate whether the statement is true or false

3/10 net 45 EOM translates as ________

A) a 10 percent cash discount may be taken if paid in three days; if no cash discount is taken, the balance is due in 45 days B) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete C) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after the end of the month D) a 3 percent discount may be taken on 10 percent of the purchase if the account is paid within 45 days after the end of the month