Exam (elaborations)
CPCU 530 - Ch.3 – Concepts Practice Questions with Answers
- Course
- Institution
Characteristics of Insurance Contracts - Conditional - Invovle fortuitious events and the exchange of unequal amounts - Contracts of utmost good faith - Contracts of adhesion - Contracts of indemnity - They are nontransferable Four Essential Elements of a Cotnract - Agreement - Capacity to...
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