Holt and Collins decide to have their dispute arbitrated by Corrales. Which of the following will NOT be a result of the arbitration?
A)Corrales will render a binding decision.
B)Holt and Collins retain the right to a class action.
C)Holt and Collins give up the right to discovery.
D)Corrales need not give reasons for the decision.
Question 2
Under which of the following does the insurer promise to pay the insured a specified amount for the rest of his life, beginning at a later date?
A) straight life policy
B) whole life policy
C) universal life policy
D) deferred annuity contract