The largest line of life insurance in terms of total contract value in the U.S. is
A. ordinary life.
B. group life.
C. industrial life.
D. credit life.
E. noncontributory life.
Ans: A. ordinary life.
You might also like to view...
It came to your attention that your great-grandmother had signed a contract pursuant to which she would be paying $5000 for an electronic organ that retails in reputable stores for $3000. Furthermore, the interest being charged is 18%, even though today's rate fell to a 20-year low. This debt is totally out of line with her pension income. It is apparent that she was misled by the door-to-door salesman who came to her place. On these facts, which of the following laws is the most likely to help her?
A) Undue influence only B) Unconscionability only C) Misrepresentation only D) Non est factum E) Both unconscionability and misrepresentation
Multipoint competition arises when two or more enterprises encounter each other in different regional markets, national markets, or industries
Indicate whether the statement is true or false.