Insurance Is Defined as a Contract Whereby One Party Undertakes

question 153

True/False

Insurance is defined as a contract whereby one party undertakes to indemnify another against loss,damage,or liability arising from a contingent or unknown event.

---

Definitions:

Torque

Twisting force. Measured in pound-feet (lb-ft.) of applied force.

Spinout

A condition where a vehicle's wheels lose traction and spin without propelling the vehicle forward, often due to slippery conditions or excessive acceleration.

Hypoid Gear

A type of gear with offset axes of the pinion and gear, allowing for more efficient power transfer and compact design in automotive differentials.

Spiral Bevel Gear

Helical gear set arrangement that has a drive pinion mesh with a crown gear at the radial centerline of the gear.