Otl c81 one - Study guides, Class notes & Summaries

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OTL C81 One Questions With 100% Correct Answers.

OTL C81 One Questions With 100% Correct Answers.
Exam (elaborations) • 2 pages • 2024
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The undertaking by one person to indemnify another person again loss or liability for loss in respect of a certain risk or peril to which he object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event. - Answer-Insurance The requirement of all contracts in the common law provinces: what one party gives or promises to give in exchange for the act or promise of the other party to the contract. - Answer-Consideration The princi...