With a joint life policy the insurance pays out at
A)
the first death among the named insureds.
B)
the last death among the named insureds.
C)
each of the deaths among the named insureds.
D)
at only the first and the last deaths among the named insureds.
A
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Terry Brown purchases a used car and agreed to pay $200 per month for two-and-a-half years with the first payment due at the end of the first month. What was the purchase price of the car assuming an annual rate of 12%?
A) $5,628 B) $5,357 C) $5,162 D) $4,910
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If a bank pays on a check even though it has a "stop payment order," the bank is liable to the customer only if the customer can prove a loss because of the payment
a. True b. False Indicate whether the statement is true or false
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