A prospective insured completes an application for health insurance, the producer Which of the following requirements still needs to be met to make this a valid cont O A. Offer O B. Acceptance Consideration O C. O D. Legal purpose
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A: Solution 1The correct answer is option OB:OB) At the insured's option, damage to the portion of the…
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A: True, an opportunity is a favorable set of circumstances that creates a need for a new product,…
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A: A display of goods with a price on them in a shop window is an invitation to offer.
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A: The correct answer is d. Advertisements in a magazine amount to an invitation to treat
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A: In the context of contract law, a condition is a stipulation or provision that is fundamental to the…
Q: True/False. An objective test is used to determine whether an offeror intended to be legally bound…
A: Answer - true
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Q: 19 If the offeror dies, the offer immediately terminates. True or False True False
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A: In the area of accounting and finance, fraud and errors are two separate concepts, but they are…
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