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Commerce & Business Insurance, Inc

Question 26

Multiple Choice

Commerce & Business Insurance, Inc., has a valid reason to cancel a policy issued to DIY Auto & Truck Parts Company. In most states, Commerce & Business could cancel the policy


A) on advance oral or written notice.
B) on oral or written notice but only after arbitration.
C) without notice.
D) on advance written-not oral-notice.

Correct Answer:

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