A health insurance policy does NOT go into force if
A) the applicant pays the initial premium
B) the applicant satisfies the conditions of the conditional receipt
C) the producer completes the application
D) the producer delivers the policy"
Ans: C) the producer completes the application
Business
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Wages Payable, Notes Payable, Unearned Revenue and Accounts Payable are all liability accounts with normal credit balances.
a. true b. false
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Buyers expect products to have high ________, which is the degree to which all produced units are identical and meet promised specifications
A) durability B) compatibility C) conformance quality D) form E) performance quality
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