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A ________ Is an Explicit Statement That Tells a Manager

question 11

Multiple Choice

A ________ is an explicit statement that tells a manager what he or she ought or ought not to do.


Definitions:

Innocent Misrepresentation

A false statement made by someone who believes it to be true, which can lead to a contract being voided if it influenced the agreement.

Voidable

A term describing a contract that may be affirmed or rejected at the option of one of the parties.

Policy

The contract of insurance.

Life Insurance Policy

A contract between an insurer and a policyholder that pays a designated beneficiary a sum of money upon the death of the insured person.

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