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Match the Descriptions with Their Terms

Question 49

Multiple Choice

Match the descriptions with their terms:
-The principle of _________________ imposes a higher standard of honesty on parties to an insurance agreement than is imposed in ordinary commercial contracts.


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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