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Ron Applies to Stately Insurance Company for Homeowners' Insurance

Question 46

Multiple Choice

Ron applies to Stately Insurance Company for homeowners' insurance. The company issues a policy, but later discovers that Ron's application includes several misstatements. Most likely, these misstatements can


A) affect the coverage under the policy but cannot void the policy.
B) bind Ron but cannot affect the coverage.
C) not bind Ron or affect the policy.
D) void the policy.

Correct Answer:

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