Fundamentals of Insurance - Practice Exam Questions And Answers Correct 100%!
Fundamentals of Insurance - Practice Exam Questions And Answers Correct 100%!What are the FIVE elements of a contract? Three Main Categories Of Risk - Anawer1) Personal Risk 2)Property Risk 3)Liability Risk What are the FIVE elements of a contract? A) Agreement, Risk, Loss, Consideration, Legality B) Legal Capacity, Legality of Object, Consideration, Agreement, Genuine Intention C) Agreement, Legal Capacity, Risk, Loss, Consideration. D) None of the above - AnawerB) Legal Capacity, Legality of Object, Consideration, Agreement, Genuine Intention What is needed for an agreement to exist? - AnawerAn offer made; AND an unconditional acceptance of the terms of that offer
Written for
- Institution
- Fundamentals of Insurance
- Course
- Fundamentals of Insurance
Document information
- Uploaded on
- November 25, 2023
- Number of pages
- 31
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
fundamentals of insurance practice exam question
-
fundamentals of insurance
-
three main categories of risk anawer1 personal
-
what are the five elements of a contract
Also available in package deal