The Date on Which the Contract Becomes Effective Is Known

question 145

Multiple Choice

The date on which the contract becomes effective is known as _.

• A) policy date
• B) report date
• C) reinsurance date
• D) record date

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Definitions:

Motivating Factors

Elements or drivers that influence individuals' behavior and can increase their enthusiasm and commitment towards achieving personal or organizational goals.

Recognition

The process of formally acknowledging a particular status, achievement, or compliance with standards, often used in professional contexts.

Working Conditions

The environment in which an employee works, including aspects such as safety, hours, and physical demands.

Extrinsic Reward

Rewards or incentives given for performing a task that come from an external source, such as money, prizes, or recognition.