The progress of information systems and business processes impact one another

Indicate whether the statement is true or false

TRUE

Business

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A hard-money loan is secured by a promissory note and deed of trust. in this case, the phrase "hard-money" means:

a. a cash loan b. a bridge loan c. secondary financing d. a purchase money deed of trust

Business

What is a correct statement concerning burden of proof?

A) The insured has the burden of proving that the loss was a covered loss. B)The insurer has the burden of proving that the loss was not covered. C)Exceptions to coverage are liberally interpreted in favor of the insurer. D)Exceptions to coverage are disregarded in life insurance matters.

Business