Examlex
Identify and state the historical significance of the Mayflower Compact.
Insurable Interest
The stake in the value of an item, life, or event for which an insurance policy is purchased to mitigate the risk of loss.
Creditor
An individual or entity to whom money is owed by a debtor.
Security Interest
A legal claim on assets granted to a creditor to secure a debt or obligation, providing the right to take property upon failure to repay.
Contribution
The right of insurers (more than one) to share a loss where the policies so provide.
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