The "defense" provision of the automobile insurance contract says the insurer:
A) will pay all defense costs, but those costs will reduce the limits of the policy
B) will indemnify the insured for expenses incurred as a result of hiring the insured's choice of defense attorney
C) does not need the consent of the insured to settle any claim against the insured
D) must investigate each and every claim
C
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Hewitt Packing Company has an issue of $1,000 par value bonds with a 14 percent coupon interest rate outstanding. The issue pays interest semiannually and has 10 years remaining to its maturity date
Bonds of similar risk are currently selling to yield a 12 percent rate of return. What is the value of these Hewitt Packing Company bonds?
The online delivery of information for purposes of education, training, or knowledge management best describes
A) edutainment. B) e-learning. C) mobile learning. D) location-based learning.