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The Correct Operational Sequence of the Three Processes Listed Below

question 143

Multiple Choice

The correct operational sequence of the three processes listed below is:


Definitions:

Negligence Action

A legal lawsuit filed when someone suffers harm due to another's failure to take reasonable care.

Insurable Interest

A vested interest by the policyholder in an insurance policy's subject matter, ensuring they suffer a direct financial loss if the insured event occurs.

Negligence

The absence of the diligence that an ordinarily prudent individual would demonstrate in comparable conditions.

Insurer

A company or individual that provides coverage, through the payment of premiums, against specified risks to life, health, or property.

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