Insurance policies are governed by the principles of common law.
Correct Answer:
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Q2: An insurance application is part of the
Q5: A broker is not an agent of
Q6: A business organization cannot obtain insurance on
Q10: For an insurance contract to be binding,
Q11: The existence of an insurable interest is
Q12: Automobile insurance covers damage to automobiles resulting
Q12: For property insurance, the insurable interest must
Q16: An applicant for an insurance policy is
Q17: Insurers can estimate fairly accurately the amount
Q18: Businesses typically protect their financial interests by
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