Which of the following statements about insurance laws is not correct?
A) Insurance laws are generally fairly flexible.
B) There are insurance laws that deal with fair prices for insurance.
C) There are insurance laws that deal with the solvency of insurance companies.
D) Insurance laws protect the rights of the insured.
A
Business
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Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will receive?
A. Fee Simple Estate B. Life Estate C. Remainder Interest D. Reversionary Interest
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Price escalation is caused by transportation costs, tariffs, importer margin, wholesaler margin, and retailer margin. As a result, foreign prices are typically lower than domestic prices for comparable products
Indicate whether the statement is true or false
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