answersLogoWhite

0

the revisin allowed the sale of material to belligrents

User Avatar

Wiki User

17y ago

What else can I help you with?

Continue Learning about Finance

Can you have a car loan in your name and someone else carry the insurance on the car?

Your name must be on the insurance policy, otherwise you are not a covered driver under that insurance policy. Failure to disclose a known driver can void any coverages afforded by the policy and is a well known form of insurance fraud.


How did the Cash and Carry Policy work?

The Cash and Carry Policy, implemented by the United States in 1939, allowed belligerent nations to purchase non-military goods from the U.S. as long as they paid in cash and transported the goods themselves. This policy aimed to aid Allied nations while avoiding the risks associated with loans or military involvement. It marked a shift from earlier neutrality acts, reflecting a gradual move towards supporting the Allies in World War II without direct engagement. The policy ultimately facilitated greater economic support for countries like Britain and France.


How did the policy of cash and carry work?

The "cash and carry" policy, implemented by the U.S. in 1939, allowed belligerent nations to purchase non-military goods from America as long as they paid in cash and transported the items themselves. This approach aimed to support allies without directly involving the U.S. in conflicts or risking American ships by maintaining neutrality. By requiring cash payments and self-transportation, the policy minimized financial risks and reduced the likelihood of American military engagement. It was a significant shift towards supporting allied nations, particularly Britain, as World War II escalated.


How do you find out if policy is still open?

policy no. 508220 is my policy still in effect


What is Bank of America auto loan loss payee clause?

A loss payee has to be added to an insurance policy when one uses collateral, such as a house or car. The payee is required to provide collateral and agree to carry insurance on the secured property.