The operating cycle is the average time required to manufacture products for sale

Indicate whether the statement is true or false.

FALSE

Business

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It is important to state in a contract which state the law will govern in

a. true b. false

Business

Keenan has coverage with two separate insurers that provide similar benefits. If he has a loss,

A) the claim will be declined by one insurer and covered by the other. B) Keenan will need to pay an additional premium to both insurers. C) the amount paid by the two insurers will be prorated and Keenan's policy will be cancelled by the insurer with the next renewal date. D) the amount paid by the two insurers will be prorated and Keenan will be refunded any excess premium.

Business