An agreement modifying a sales or lease contract needs no consideration to be binding

Indicate whether the statement is true or false

TRUE

Business

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When policy illustrations are used with senior citizen clients in California, which include non-guaranteed elements, a statement to that effect must be included with the illustration. Which of the following is true regarding this statement?

A. Non-guaranteed elements must be printed in bold type. B. Guaranteed elements must be in bold print and the non-guaranteed elements must be in plain type. C. Whether the print is in bold type or plain type is at the discretion of the insurer. D. According to the code, all policy illustration statements must be uniform and in plain type.

Business

What is parallel query processing and how is it useful?

What will be an ideal response?

Business