Which of the following statements about a calendar-year deductible is (are) true?
I. It requires the insured to pay a specified amount of each claim regardless of when the claim occurs during the year and regardless of any previous claims during the year.
II. It is used only in policies which cover direct property losses.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: D
Business
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Which of the following is true of financing statements?
A) They cannot be electronically filed. B) They are effective for one year from the date of filing. C) They cannot be extended once they expire. D) They are available for review by the public.
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Under what three circumstances should a supervisor use the directive technique during a private communication session?
What will be an ideal response?
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