If the benefits obtained from a Voluntary Employees Beneficiary Association are transferred to a family member then the family member has to pay the appropriate amount of income tax for the benefits

Indicate whether the statement is true or false

False

Business

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___________ - Involves the legal combination of 2 or more corporations.

Fill in the blank(s) with the appropriate word(s).

Business

Why can an insurer refuse to pay a claim if an insured fails to abide by the policy provisions?

A) because insurance contracts are aleatory B) because insurance contracts are unilateral C) because insurance contracts are conditional D) because insurance contracts are contracts of adhesion

Business