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Which of the Following Is True of Insurable Interest

Question 39

Multiple Choice

Which of the following is true of insurable interest?


A) Sellers can retain the insurable interest to goods as long as they have the title to them.
B) Buyers cannot place insurance on goods.
C) Buyers cannot obtain an insurable interest if they might later reject the goods.
D) Buyers can obtain insurable interest on goods that are not mentioned in the contract.

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