Examlex
When entering into a legally enforceable insurance contract consideration must exist. Explain what consideration is and the form it takes in insurance contracts.
Competent
Having the necessary ability, knowledge, or skill to do something successfully or efficiently.
William McDougall
A psychologist known for his work on social psychology and introducing the concept of the "group mind" and the theory of instincts.
Human Instincts
Innate, biologically determined and genetically programmed behaviors that are essential for the survival and reproduction of humans.
Motivational Processes
The procedures, mechanisms, or sequences of events that lead to motivated behavior, including the initiation, direction, intensity, and persistence of actions.
Q2: A terminally ill insured may be able
Q3: Enterprise risk management is concerned with<br>A)both pure
Q8: Assume a person is severely injured by
Q12: The PAP only covers losses that occur
Q21: Which one of the following is not
Q36: "Moody's Investor's Services" provides what type of
Q36: A mutual insurance company might be characterized
Q37: Which of the following is not a
Q47: The appraisal clause gives the insured the
Q59: The doctrine of reasonable expectations has typically