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Question 1 of 21
1. Question
What forms the basis of most insurance contracts?
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Question 2 of 21
2. Question
Which of the following is not an insurable risk?
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Question 3 of 21
3. Question
Insurers achieve a spread of risk by
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Question 4 of 21
4. Question
Which of the following is a Legal Person?
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Question 5 of 21
5. Question
Of the following who as legal capacity?
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Question 6 of 21
6. Question
Fortuitous means
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Question 7 of 21
7. Question
Jane Smith bought a new car in 1989 for $15,000. Today the car sells for $28,000. What amount would the insurer pay if that car were destroyed today?
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Question 8 of 21
8. Question
The main purpose of insurance is
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Question 9 of 21
9. Question
Common Law is
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Question 10 of 21
10. Question
An exceptionally high standard of honesty is implied by
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Question 11 of 21
11. Question
Which of the following is a Moral Hazard?
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Question 12 of 21
12. Question
Which of the following does not have an Insurable Interest?
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Question 13 of 21
13. Question
Gambling is a good example of
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Question 14 of 21
14. Question
Which of the following statements is FALSE?
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Question 15 of 21
15. Question
The Proximate Cause is
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Question 16 of 21
16. Question
Risk is
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Question 17 of 21
17. Question
Persons who stand in such a legal relationship to property that they may be financially prejudice by its loss and financially benefit from its continued existence are said to have a(n)
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Question 18 of 21
18. Question
Insurance is mostly concerned with
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Question 19 of 21
19. Question
Actual cash value is which of the following?
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Question 20 of 21
20. Question
Silence where there is an obligation to speak is known as
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Question 21 of 21
21. Question
Who is the first party of an insurance contract?
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