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A Third-Party Payment Refers To

Question 37

Multiple Choice

A third-party payment refers to:


A) a payment made by a consumer for a good or service obtained on credit.
B) a payment made to the provider of a good or service by a party other than the buyer.
C) the payment made for used goods and services.
D) the fact that insurance companies prefer to pay for the care rendered by third parties in institutional settings.

Correct Answer:

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