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Match Each of the Following Terms with Its Corresponding Definition

question 31

Multiple Choice

Match each of the following terms with its corresponding definition.
-A relation is in this form if it is in second normal form and no transitive dependencies exist.


Definitions:

Premium

The amount paid for an insurance policy, reflecting the cost of coverage.

Insurable Interest

An interest either in a person’s life or well-being or in property that is sufficiently substantial to justify insuring against injury to or death of the person or damage to the property.

Enforceable

Describing a legal agreement or obligation that can be upheld and compelled by law through legal action.

Insurance Contract

A legally binding agreement between an insurer and the insured, where the insurer agrees to compensate the insured for specific losses in exchange for a premium.

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