Which provision of a life insurance policy declares that the application is part of the contract?

A) Insuring clause
B) Incontestable clause
C) Entire contract clause
D) Ownership clause"

Ans: C) Entire contract clause

Business

You might also like to view...

Calculate the net marketing contribution of a product if the market demand for the product is 4 million units annually, and the product captures 10 percent of this demand with a price of $50 per unit and a cost of $40 per unit

The total of marketing and sales expenses is $2.5 million. A) $3 million B) $2.5 million C) $2 million D) $1.5 million E) $1 million

Business

Burger King developed a new french fry to compete with McDonald's fry—considered the world's best. Burger King's specifications included that the crunch would last for seven or more chews The product failed because consumers did not like the fry as much as McDonald's fry. Burger King did not ________ the idea for both technical and commercial value.

A) test market B) advertise C) screen D) promote E) style

Business