All of the following conditions must be met to form a binding property insurance contract EXCEPT:
(a) contract must be in writing
(b) exchange of consideration
(c) competent parties
(d) offer and acceptance
Ans: (a) contract must be in writing
Business
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Which of the following is true for American options?
A. Put-call parity provides an upper and a lower bound for the difference between call and put prices B. Put call parity provides an upper bound but no lower bound for the difference between call and put prices C. Put call parity provides a lower bound but no upper bound for the difference between call and put prices D. There are no put-call parity results
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SVC stands for ________
A) switched virtual circuits B) sliver visual connection C) scheduled virtual connector D) singular virtual connection
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