MCQOPTIONS
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| 1. |
Which among the following is true regarding life insurance contracts? |
| A. | hey are verbal contracts not legally enforceable |
| B. | hey are verbal which are legally enforceable |
| C. | hey are contracts between two parties (insurer and insured) as per requirements of Indian Contract Act, 1872 |
| D. | hey are similar to wager contracts |
| Answer» D. hey are similar to wager contracts | |