Match the descriptions with their terms:
-The principle of _________________ says that a person must demonstrate a loss due to an insured peril.
A) aleatory contract
B) Concealment
C) contract
D) Estoppel
E) express
F) insurable interest
G) insurance
H) large-loss principle
I) reasonable expectations
J) representation
K) requisites of insurable risk
L) subrogation
M) utmost good faith
N) waiver
O) warranty
Correct Answer:
Verified
Q22: One social cost of insurance is attributed
Q23: Match the descriptions with their terms:
-An economic
Q24: Match the descriptions with their terms:
-One of
Q25: Match the descriptions with their terms:
-Insuring a
Q26: Match the descriptions with their terms:
-A contract
Q28: Match the descriptions with their terms:
-The principle
Q29: Match the descriptions with their terms:
-The principle
Q30: Match the descriptions with their terms:
-A statement
Q31: Match the descriptions with their terms:
-_ has
Q32: Match the descriptions with their terms:
-A/An _
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