In a sale of a used product, the warranty of merchantability may be disclaimed by selling the
product "as is."
Indicate whether the statement is true or false
TRUE
Business
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The premiums insurance producers receive from insureds must be kept
A) in the producer's business account B) as part of the issuing insurer's general fund C) separate from any personal funds D) as part of their total book of business"
Business
A contract that amounts to nothing and has no legal effect is
a. bilateral b. voidable c. void d. unilatera
Business