Cyber Extortion Coverage May Be Purchased as Part of the Cyber

question 6

True/False

Cyber extortion coverage may be purchased as part of the cyber insurance policy.

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Definitions:

Altered to Read

The modification or editing of text or documents such that the content is changed to convey a different message or information.

Holder in Due Course

A holder in due course is a party in possession of a negotiable instrument, such as a check, who has taken it under certain conditions, protecting them from prior claims and defenses.

Consumer Credit Contract

An agreement between a borrower and a lender in which the borrower receives something of value now and agrees to repay the lender at a future date, usually with interest.

Defective Furniture

Furniture that has manufacturing flaws, impairing its usability, safety, or aesthetic value.