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Name: b. probationary period c. elimination period (d) internal limit period e. outer limit period 52. Interest will usually begin to accrue immediately when you use a bank credit card to: a. make purchases. b. send payments. c. compute finance charges. d. get cash advances. c. meet a financial emergency. 53. Which of the following is true of loan maturity? a. The longer the loan maturity, the higher the monthly payments. b. The shorter the loan maturity, the higher the total finance cost. c. The shorter the loan maturity, the higher the monthly payments. d. The longer the loan maturity, the lower the total finance cost. e. The shorter the loan maturity, the higher the prepayment penalty. 54. __ represents the initial amount that's not covered by the policy and thus mu the insured. a. The deductible b. The co-insurance c. The copayment d. The premium 55. Negligence occurs when someone: a. is not insured. b. fails to act as an insured. c. fails to act in a reasonable manner. d. admits an error. e. is more than 18 years of age. 56. A payment made using __ is equivalent to paying by cash. a. a retail credit card (b. a debit card c. an affinity card d. a reward card e. a student credit card 57. The principle of indemnity will prevent:

Pergunta

Name:
b. probationary period
c. elimination period
(d) internal limit period
e. outer limit period
52. Interest will usually begin to accrue immediately when you use a bank credit card to:
a. make purchases.
b. send payments.
c. compute finance charges.
d. get cash advances.
c. meet a financial emergency.
53. Which of the following is true of loan maturity?
a. The longer the loan maturity, the higher the monthly payments.
b. The shorter the loan maturity, the higher the total finance cost.
c. The shorter the loan maturity, the higher the monthly payments.
d. The longer the loan maturity, the lower the total finance cost.
e. The shorter the loan maturity, the higher the prepayment penalty.
54. __ represents the initial amount that's not covered by the policy and thus mu
the insured.
a. The deductible
b. The co-insurance
c. The copayment
d. The premium
55. Negligence occurs when someone:
a. is not insured.
b. fails to act as an insured.
c. fails to act in a reasonable manner.
d. admits an error.
e. is more than 18 years of age.
56. A payment made using __ is equivalent to paying by cash.
a. a retail credit card
(b. a debit card
c. an affinity card
d. a reward card
e. a student credit card
57. The principle of indemnity will prevent:

Name: b. probationary period c. elimination period (d) internal limit period e. outer limit period 52. Interest will usually begin to accrue immediately when you use a bank credit card to: a. make purchases. b. send payments. c. compute finance charges. d. get cash advances. c. meet a financial emergency. 53. Which of the following is true of loan maturity? a. The longer the loan maturity, the higher the monthly payments. b. The shorter the loan maturity, the higher the total finance cost. c. The shorter the loan maturity, the higher the monthly payments. d. The longer the loan maturity, the lower the total finance cost. e. The shorter the loan maturity, the higher the prepayment penalty. 54. __ represents the initial amount that's not covered by the policy and thus mu the insured. a. The deductible b. The co-insurance c. The copayment d. The premium 55. Negligence occurs when someone: a. is not insured. b. fails to act as an insured. c. fails to act in a reasonable manner. d. admits an error. e. is more than 18 years of age. 56. A payment made using __ is equivalent to paying by cash. a. a retail credit card (b. a debit card c. an affinity card d. a reward card e. a student credit card 57. The principle of indemnity will prevent:

Solução

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ClarissaMestre · Tutor por 5 anos

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52. The correct answer is (d) get cash advances.<br /><br />Interest will usually begin to accrue immediately when you use a bank credit card to get cash advances.<br /><br />53. The correct answer is (c) The shorter the loan maturity, the higher the monthly payments.<br /><br />The shorter the loan maturity, the higher the monthly payments.<br /><br />54. The correct answer is (a) The deductible.<br /><br />The deductible represents the initial amount that's not covered by the policy and thus must be paid by the insured.<br /><br />55. The correct answer is (c) fails to act in a reasonable manner.<br /><br />Negligence occurs when someone fails to act in a reasonable manner.<br /><br />56. The correct answer is (b) a debit card.<br /><br />A payment made using a debit card is equivalent to paying by cash.<br /><br />57. The principle of indemnity will prevent:<br /><br />The principle of indemnity will prevent the insured from profiting from the insurance policy. It ensures that the insured receives no more than the actual cash value of the loss or damage.
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