Hello there!
Answer:
Your answer would be FALSE
Explanation:
The reason why your answer would be FALSE is because Insurance underwriters are NOT the ones that sell insurance to customers. The person that sells insurance to people are Insurance Agents.
What an insurance underwriter does is decide which types of insurance a company should have and which types of insurances the company shouldn't have. They're specifically not the ones that you call or see when you get insurance.
For example, when you call an insurance company, the person that picks up the phone is an Insurance Agent for the company. Insurance underwriters don't necessarily deal with customers because that is not their job task.
Answer:
The answer is: Tim forgot to get a building permit
Explanation:
In order to convert a mobile home into real property, these conditions must be met:
- homeowner must obtain a building permit
- the mobile home must be attached to a permanent foundation
- homeowner must obtain a Certificate of Occupancy
- you must have a record stating that the mobile home has been attached to a permanent foundation
Tim complied with three out of the four requirements needed to convert his mobile home into real property, but he forgot the first step.
Answer:
Indenture
Deferred call provision
Explanation:
Indenture is defined as the contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds.
A call provision is defined as the right that the issuer of a security has to call or redeem the security at certain times and under specific conditions.
The call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue is called deferred call provision.
