Match the descriptions with their terms:
-A/An _________________ is an agreement embodying a set of promises that are enforceable at law.
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
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 _
Q33: Match the descriptions with their terms:
-Implied warranties
Q35: Match the descriptions with their terms:
-_ is
Q36: Match the descriptions with their terms:
-A/An _
Q37: Match the descriptions with their terms:
-The doctrine
Q38: Insurance and gambling differ in that, in
Q39: An exception to the principle of indemnity
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