INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 21

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-After passage of the Affordable Care Act,many HMOs [allow | do not allow] out-of-network coverage.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Sale of Land

A legal transaction in which the ownership of property land is transferred from one party to another.

Acceptor

In the context of banking, the party who agrees to pay a bill of exchange upon its presentation, typically the drawee who becomes liable for payment.

Instrument

A legal document formally documenting a transaction or establishing a legal right or obligation.

Claiming Interest

The act of demanding a payment or compensation for the use of one's money or property, especially in legal or financial transactions.