Which of the following is the similarity between insurance and gamblin – McqOptions

MCQOPTIONS

1.	Which of the following is the similarity between insurance and gambling?
A.	The amount of loss to be paid is known beforehand
B.	Promise to pay on the happening of an event
C.	Both the parties win on happening of an event
D.	Both are enforceable at law
Answer» B. Promise to pay on the happening of an event

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