Coverage for a health insurance policy will take effect just as if the policy had already been issued if all of the following conditions have been met EXCEPT
A) the policy has been legally delivered to the applicant
B) the policy is eventually issued as applied for
C) the applicant satisfies all of the conditions of the conditional receipt
D) the initial premium was paid with the health application"
Ans: A) the policy has been legally delivered to the applicant
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Malibu Corporation provided the following information for the year
Beginning Balance-Work-in-Process Inventory $26,000 Ending Balance-Work-in-Process Inventory 55,000 Beginning Balance-Raw Materials Inventory 81,000 Ending Balance-Raw Materials Inventory 59,000 Purchases-Raw Materials 360,000 Direct Labor 471,000 Indirect Labor 19,000 Depreciation on Factory Plant and Equipment 24,000 Plant Utilities and Insurance 268,000 What was the amount of the cost of goods manufactured for the year? A) $1,363,000 B) $1,164,000 C) $1,135,000 D) $1,193,000
Any person who owns a license to trade on the NYSE is called a:
A. dealer. B. floortrader. C. DMM. D. member. E. proxy.