An insured becomes disabled on March 1 and submits a claim statement to the insurance company on March 31, while still disabled. The company fails lo remit payment promplly and the insured decides to seek legal advice. The earliest date the altorney may lake legal action agains lhe insurance company is:   A.April 30    B.May 16   C.May 31   D.June 15

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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An insured becomes disabled on March 1 and submits a claim statement to the insurance company on March 31, while still disabled. The company fails lo remit payment promplly and the insured decides to seek legal advice. The earliest date the altorney may lake legal action agains lhe insurance company is:

 

A.April 30 

 

B.May 16

 

C.May 31

 

D.June 15

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