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A Party Insured Under a General Insurance Contract Is Obligated

Question 28

Multiple Choice

A party insured under a general insurance contract is obligated to disclose to the insurer:


A) all facts that could influence the insurer as to whether or not to accept the risk.
B) all facts known to be material by the insured.
C) all facts known to be material by a reasonable person in the position of the insured.
D) all material facts.

Correct Answer:

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