Multiple Choice
Insurable interest exists when
A) Cobb has insurance on a car he just sold,
B) Whitten lends Umble $20,000 to buy a home and buys insurance on the home,
C) Jones, a student, buys fire insurance on the College of Business,
D) all of these.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: A concealment would be illustrated by a
Q23: When a contract provision is broken and
Q24: Match the descriptions with their terms:<br>-A contract
Q25: Match the descriptions with their terms:<br>-_ has
Q26: Match the descriptions with their terms:<br>-The principle
Q28: Insurance is often written when there is
Q29: An agent may without authority perform some
Q30: Match the descriptions with their terms:<br>-Insuring a
Q31: The principle of insurable interest states that
Q32: If Greene's car collides with Alarcon's and