Examlex
Which of the following statements is (are) true with respect to the treatment of legal defense costs under the ISO Commercial General Liability policy?
I.Legal defense costs usually are counted against the policy limit.
II.Once the insurer has paid out the applicable limit of liability,the insurer's duty to defend ends.
Coffee
A popular beverage made by brewing roasted and ground beans of the Coffea plant.
Production
The process of creating goods or services by combining various inputs like labour, materials, and machinery.
Circular-Flow Diagram
A graphical representation of the economic system illustrating the circulation of money between households and companies through various markets.
Market
A forum where buyers and sellers come together to exchange goods, services, or information.
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