Solved

Match the Descriptions with Their Terms

Question 50

Multiple Choice

Match the descriptions with their terms:
-Implied warranties are those stated in the contract while _________________ warranties are not found in the contract but are assumed by the parties to the contract.


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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions