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What Is the Name Given to the Rule That Prevents

question 24

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What is the name given to the rule that prevents an insured from collecting on insurance when the loss has resulted from the insured's willful misconduct?


Definitions:

Target Point

The ideal outcome one hopes to achieve in a negotiation or goal-setting scenario.

Negotiator's Bottom Line

The least favorable terms a negotiator is willing to accept before walking away from a negotiation.

Personalized Concession

A compromise or adjustment offered in a negotiation that specifically addresses the interests or preferences of the other party.

Hardball Tactics

Aggressive or uncompromising strategies used in negotiations or competition, designed to pressure the opposite side into conceding or agreeing to specific terms.

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