Identify the Following Terms

question 116

Short Answer

Identify the following terms.
-Hinduism

Explain the concept of premium and its significance in insurance policies.

Distinguish between the insurer and the insured.

Understand how life insurance policies can be modified and their implications.

Recognize the conditions under which insurance policies can be void or voidable.

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Definitions:

Iterate

To repeat a process or cycle in programming, often used with loops to perform an operation on a collection of items.

Sorting Algorithm

A method or process of arranging the elements of a list or array in a certain order, typically in numerical or lexicographical order.

Selection Sort

A simple comparison-based sorting algorithm that divides the input list into two parts: the sorted part at the beginning and the unsorted part that occupies the rest of the list, repeatedly selecting the smallest or largest element from the unsorted section and moving it to the end of the sorted section.

Unsorted Value

A value in a collection or sequence that has not been arranged in any specific order.