Contracts cannot be oral due to the difficulties in proving the existence of oral contracts.
Correct Answer:
Verified
Q10: In the case of contracts other than
Q11: To waive a right, a person must
Q12: The conditional binder provides coverage immediately, even
Q13: Most insurance contracts are prepared by the
Q14: Janitor's insurance is inexpensive life insurance coverage.
Q16: In the making of insurance contracts, the
Q17: No insurance agent is going to ask
Q18: The source of the agent's authority is
Q19: Lack of consideration will cause the contract
Q20: Neither insurers nor regulators consider an agency
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