Examen
The following are basic characteristics of a property or liability insurance contract, except: A. Personal Contract B. Conditional Contract C. Loss of Settlement Contract D. Contract of Adhesion - ANSWERLoss of Settlement Contract The Insurer's respon
- Grado
- Institución
Peril - ANSWERSomething that causes a loss. Hazard - ANSWERSomething that increases the probability that a loss will occur. Warranty - ANSWERA policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentatio...
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