Management Notes

Reference Notes for Management

Which Of The Following Best Describes A Conditional Insurance Contract

Which Of The Following Best Describes A Conditional Insurance Contract

Which Of The Following Best Describes A Conditional Insurance Contract

A) A contract that requires certain conditions or acts by the insured individual
B) A contract that has the potential for the unequal exchange of consideration for both parties
C) A contract where one party “adheres” to the terms of the contract
D) A contract where only one party makes any kind of enforceable contract

Correct Answer: A) A contract that requires certain conditions or acts by the insured individual

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