Multiple Choice
Cathy obtains from Depend Insurance Company a policy that pro?vides that if a dispute arises between the parties concerning the settle?ment of a claim, the dispute must be submitted to an impartial third party, not a court, for resolution. This is
A) an antilapse clause.
B) an arbitration clause.
C) an appraisal clause.
D) an incontestability clause.
Correct Answer:
Verified
Correct Answer:
Verified
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