Examlex

Solved

Lisa Is Doing Some Landscaping Around Her House and Ordered

question 60

True/False

Lisa is doing some landscaping around her house and ordered a delivery of topsoil.Her contract with the landscape supply company states that the payment for the topsoil must be paid when the truck arrives at her house to deliver the soil.The requirement that payment be made on delivery is an example of a concurrent condition.


Definitions:

Life Insurance Policy

A contract between an insurance policyholder and insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

Drunken Rage

A state of extreme anger and aggressive behavior induced by excessive consumption of alcohol.

Entire Amount

The full or total quantity or sum without deduction or exception.

Insurance Claimed

The process of requesting payment from an insurance company for covered losses or policy benefits.

Related Questions