_________ Float Refers to the Delay from the Time a Check

question 9

Multiple Choice

_________ float refers to the delay from the time a check is mailed to the time at which it is received by the payee.

• A)Mail
• B)Processing
• C)Availability
• D)Clearance

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Definitions:

Insurance Agents

Professionals who sell, solicit, and negotiate insurance policies on behalf of insurers, providing advice to buyers and managing the policy.

Proper Coverage

Adequate insurance protection or the extent to which insurance policies meet the insured's needs.

Clients' Losses

Refers to financial, physical, or reputational damage suffered by clients, possibly due to professional negligence or adverse market movements.

Surgeon Negligence

A failure by a surgeon to meet the standard of care expected in their profession, often leading to harm or injury to the patient.