Property-Casualty Insurance Involves

question 76

Multiple Choice

Property-casualty insurance involves

• A)insurance coverage related to the loss of real and personal property.
• B)insurance protection against legal liability exposure.
• C)insurance protection against injuries in employment related work.
• D)insurance coverage related to the loss of real and personal property and insurance protection against legal liability exposure.
• E)insurance coverage related to the loss of real and personal property and insurance protection against injuries in employment related work.

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Definitions:

Intent

The determination to perform a particular act or to act in a particular manner for a specific reason.

Contract

A legally binding agreement between two or more parties that outlines the terms and conditions of an arrangement.

Offeror

The party in contract negotiations who presents a proposal or offer to enter into an agreement, awaiting acceptance by the offeree.

Pepsi Points

A loyalty program by PepsiCo where consumers collect points from product purchases that can be exchanged for rewards.