What is the legal significance of a material concealment by an insurance applicant?
A) The contract is automatically voided from its inception.
B) The contract is voidable at the insurer's option.
C) Loss payments are reduced by the degree of the concealment.
D) The insurer is immediately entitled to a higher premium.
Answer: B
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We would report changes in stockholders' equity caused by operating activities
A. in an asset account. B. in a contributed capital account. C. in a liability account. D. in the retained earnings account.
Develop the first matrix for a house of quality (Customer requirements – Product characteristics) for an improved pizza box
Your house of quality should feature four rows and four columns and should identify relationships among the rows and columns. Identify relationships in the roof of your house of quality also. What will be an ideal response?