Which of the following insurance contracts is enforceable?
A) An insurance policy taken out on a minor by an adult
B) A life insurance contract in which the insured misrepresents his or her health or age
C) An insurance contract where only one party to a contract has the capacity to contract
D) A contract whose warranty is breached by the insured
Correct Answer:
Verified
Q20: A policy for term life insurance is
Q21: If Geoff makes a fraudulent statement about
Q22: _ insurance policies generally require that the
Q23: Serena purchased a home for $220,000, insuring
Q24: Douglas obtained a $100,000 insurance policy on
Q26: Flood-related damage to property is an example
Q27: Which of the following is most likely
Q28: The coinsurance clause in a fire insurance
Q29: Open policies allow the insured to recover
Q30: In insurance policies with an incontestability clause
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