Which of the following statements comparing group and individual life insurance is NOT true?
A) Individual insurance is generally available at lower rates than group insurance.
B) The employer selects the type of insurance coverage under a group plan, while an individual selects the coverage for an individual policy.
C) Individual underwriting and individual evidence of insurability are generally not required under a group plan.
D) Group insurance involves experience rating for establishing premiums.
Ans: A) Individual insurance is generally available at lower rates than group insurance.
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The average credit card balance of undergraduate students including those with a zero balance is between
A) $200 and $700. B) $1,000 and $3,000. C) $5,000 and $8,000. D) $12,000 and $15,000.
A private party that wins treble damages for a violation of the Sherman Act will receive:
a. twice their actual money damages b. twice their actual money damages plus court costs and attorney fees c. three times their actual money damages plus court costs and attorney fees d. court fees and attorney fees e. half their actual money damages plus court costs and attorney fees