What is the significance of an ATC clearance which reads “… CRUISE SIX THOUSAND …”?

Which rules apply to the pilot in command when operating on a VFR on Top clearance?

When a pilot elects to proceed to the selected alternate airport, which minimums apply for landing at the alternate?

What is the pilot in command’s responsibility when flying a propeller aircraft within 20 miles of the airport of intended landing and ATC requests the pilot to reduce speed to 160? (Pilot complies with speed adjustment.)

What point at the destination should be used to compute estimated time en route on an IFR flight plan?