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:
Verified
Q28: Donald applies for a life insurance policy
Q41: Construction Cranes LLC wants to insure the
Q42: Dyan and Ed are partners who own
Q43: World Hotels, Inc., insures its real and
Q44: Jason wants to insure himself against injuries
Q45: Darlene owns and operates an organic farm
Q47: Multi-Enterprise Corporation offers its employees, as an
Q48: Adrian applies for, and obtains, casualty insurance
Q49: Irene obtains an insurance policy that protects
Q50: Rita is the chief executive officer for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents