Examlex
Which of the following statements concerning coverage for a newly-acquired auto under the Personal Auto Policy?
I.The insured must notify the insurer within 14 days after becoming the owner for the collision coverage to continue to be in force.
II.There is no notification requirement for the liability coverage to remain in force until the end of the policy period.
Strategic Investments
Investments made with long-term goals in mind, often intended to yield sustainable competitive advantages.
Equity Method
An accounting technique used by a company to record the profits earned through its investment in another company.
Cash Dividends
Payments made by a corporation to its shareholders, usually as a distribution of profits.
Associate
A term that may refer to a business partner, an employee position within a company, or a relationship between entities where one has significant influence over the other.
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