The appraisal clause explains how a settlement is determined if the insurer and insured cannot agree on the value of a covered loss.

a. true
b. false

Ans: a. true

Business

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In a revolving credit account, _____

a. a customer is billed at the end of the month on the basis of the outstanding cumulative balance b. no interest is assessed if a consumer pays part of the bill when it is due c. a customer can exceed his/her credit limit d. a customer must pay his/her bill in full when it becomes due

Business

A nonmanager member of an LLC (limited liability company) is not entitled to remuneration for services performed for the LLC at any time

Indicate whether the statement is true or false

Business