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The forfeiture rule provides the right of the insurer to recover the amount paid on a claim from a third party that caused the loss.
Long Call
An options trading strategy that involves buying call options with the anticipation that the underlying stock will rise in value.
Short Put
A type of options strategy where the investor sells put options, betting that the price of the underlying asset will rise above the strike price.
Stock Price Stable
A condition where a stock's price shows minimal volatility and maintains a relatively constant value over a period.
Long Call
An options trading strategy where an investor purchases a call option, betting that the underlying asset's price will increase.
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Q70: Identify four grounds used by the courts