Match the descriptions with their terms:
-_________________ is a legal doctrine under which a person may be required to do something or refrain from doing something that is inconsistent with previous behavior.
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

Question

Quizplus · Accepted Answer

Estoppel is a legal principle that prevents someone from arguing something contrary to a claim they have previously made or accepted by their actions.

Match the Descriptions with Their Terms