Insurance Is a Contract by Which One Party for a Stipulated

question 35

True/False

Insurance is a contract by which one party for a stipulated consideration promises to pay another party a sum of money on the destruction of,loss of,or injury to something in which the other party has an interest,or to indemnify that party for any loss or liability to which that party is subjected.

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Definitions:

Implicit Motives

Refers to desires, goals, or needs that operate below the level of conscious awareness, influencing behavior and decision-making.

Approach Motivation

Describes the drive toward positive stimuli or outcomes, typically associated with the desire to achieve a specific goal.

Recognition

The process through which an entity is identified or acknowledged for what it is based on certain characteristics or by comparison with known entities.

State Finals

The ultimate or final competition or exam at the state level in various contexts such as sports, academics, or other competitive fields.