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Clark Obtains from Dependable Insurance Inc

Question 34

Multiple Choice

Clark obtains from Dependable Insurance Inc. a policy that provides if a dispute arises between the parties concerning the settlement of a claim, the dispute must be submitted to an impartial third party, not a court, for resolution. This is


A) an antilapse clause.
B) an arbitration clause.
C) an appraisal clause.
D) an incontestability clause.

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