Without an insurable interest, there can be no enforceable insurance contract.
Correct Answer:
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Q5: An insured with multiple insurance policies covering
Q6: Because an insurance agent is an agent
Q7: Insurance contracts are usually obtained through an
Q8: Insurance is a contract in which the
Q9: Customarily, an insurance company offers to insure
Q11: By insuring property, its owners protect themselves.
Q12: Insurance is an arrangement for transferring and
Q13: Because an insurance contract is governed by
Q14: Courts interpret insurance policies as containing any
Q15: An insurable interest in property need not
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