Naomi is killed in an auto accident before she is able to pay the semiannual $80 premium on her $30,000 accident policy. Under the policy's unpaid premium provision, her beneficiary will receive a check for
A) 29920
B) 0
C) 29840
D) 30000
Ans: A) 29920
Business
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a. less likely; more likely b. more likely; less likely c. less likely; less likely d. more likely; more likely
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Drawers of checks may disclaim contractual liability by using the words "without recourse."
Indicate whether the statement is true or false
Business