A contractor is sued because of the firm's failure to complete a construction project on time and in the manner specified by the underlying building contract for the project (e.g., a shopping center). This contract most likely contains a surety bond clause. O True False QUESTION 10 2 pc Offshore hedge funds are not subject to taxation on fund distributions nor to U.S. estate taxes. True False QUESTION 11 2 poin In a universal life policy the cash value of the contract grows at a fixed rate set by the life insurer. True False