MCQOPTIONS
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| 1. |
Which among the following describes that the insurer is liable to pay in order to make good of the losses suffered by the insured? |
| A. | Principle of Utmost Good Faith |
| B. | Principle of Indemnity |
| C. | Principle of Loss Minimization |
| D. | Principle of Subrogation |
| E. | None of the above |
| Answer» C. Principle of Loss Minimization | |