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Match the Descriptions with Their Terms

Question 26

Multiple Choice

Match the descriptions with their terms:
-The principle of _________________ says that a person must demonstrate a loss due to an insured peril.


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

Correct Answer:

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